EUR Q3 Fundamental Forecast: ECB Review May Lead to Euro Weakness

As predicted at the end of March in the second quarter forecast, EUR/USD rallied strongly in Q2, rising from a low of 1.1704 on March 31 to a high of 1.2266 on May 25 before dropping back.

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British Pound (GBP) Price Outlook: GBP/USD Steady After UK Jobs Data

GBP/USD is broadly stable in Europe Thursday after a mixed batch of UK employment figures that showed a jump in average earnings, including bonuses, but a tick higher in the unemployment rate.

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US Dollar Faces Day Two of Powell Testimony. Will It Hold Up?

The US Dollar was notably resilient despite what the markets saw as dovish rhetoric from Fed Chair Jerome Powell. Will it stand up to another day of testimony?

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Equities Q3 Fundamental Forecast: Stocks to Enjoy Continued Economic Recovery, Seasonality a Concern

The Dow Jones, S&P 500 and Nasdaq 100 entered the third quarter on the back of yet another strong showing in the post-pandemic era as stocks continued to climb across all sectors.

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Gold, Crude Oil Price Forecast: Technicals in Focus as Yield Drop Propels XAU

Gold is testing the critical 200-day SMA after an improved fundamental backdrop helped the yellow metal gain in July. Meanwhile, Crude oil is looking lower.

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AUD/USD Under Pressure After Mixed Australian Jobs & Chinese GDP Data

The Australian Dollar remained under pressure on Thursday following a mixed domestic jobs print and shaky Chinese GDP data.

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S&P 500 Climbs on Powell's Dovish Tone, China GDP in Focus

The S&P 500 index closed higher after Fed Chair Jerome Powell signaled that the Fed may be patient in tapering stimulus in a testimony. Asia-Pacific markets await Chinese Q2 GDP figures.

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Chinese Yuan Forecast: Q2 GDP Key to Gauge PBOC, USD/CNH Outlook

USD/CNH is pushing lower as traders prepare for China's second quarter GDP print to cross the wires. The Yuan may break current support at the 26-day EMA if the data impresses.

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Gold Price Pops 1% as Real Yields Tumble to Five-Month Low

Gold bulls propelled XAU/USD price action 1% higher on Wednesday with the precious metals rise mirroring the sharp decline in ten-year real yields to their lowest level since mid-February.

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Dow Jones Forecast: Will Earnings Season Push the Index to Record Highs?

The Dow Jones has moved within reach of record levels despite weakness in value and industrial stocks that had helped the Industrial Average outperform the Nasdaq 100 during much of the second quar...

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Mexican Peso Gains as Powell Cautions Against a Hasty Move, USD/MXN Tumbles

The Mexican peso gains after Fed chairman Powell says the US economy has not progressed enough to start dialing back stimulus and warns against acting prematurely.

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AUD/USD to Stage Larger Rebound on Upbeat Australia Employment Report

Fresh data prints coming out of Australia may spark a larger rebound in AUD/USD as employment is expected to increase for the second consecutive month.

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USD/CAD Gyrates as Bank of Canada Reduces QE, Upgrades Outlook

The Canadian Dollar is interestingly weaker in immediate reaction to the BoC announcement as USD/CAD pivots higher despite the Bank of Canada reducing weekly asset purchases by C$1-billion.

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Turkey’s Central Bank Holds Key Rate at 19%, USD/TRY Largely Shrugs Off Decision

The Central Bank of Turkey maintains its benchmark interest rate at 19% for five consecutive months, in line with market consensus.

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EUR/GBP Price Forecast - Range Support Broken, Fresh Multi-Month Lows Now on The Cards

EUR/GBP has broken through recent support and the pair now look set to drift lower with the early April low the next target.

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Short EUR/CAD on Central Bank Differences: Q3 Top Trading Opportunities

Monetary policy decisions from the ECB and BOC to determine EUR/CAD performance

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US Dollar Setup: USD/JPY, USD/CAD Ahead of US PPI and Powell Testimony

The US Dollar is keeping an eye out for inflation data to consolidate further bullish momentum

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British Pound Q3 Fundamental Forecast

The UK economic recovery continues, aide by a successful vaccination program, all eyes are now on data releases

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British Pound (GBP) Price Outlook: GBP/USD Rallying After Hot UK Inflation Data

UK consumer price inflation figures came in higher than expected Wednesday, lifting GBP/USD, but the rise has been tempered by weaker than predicted producer price data.

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US Dollar May Extend Upward as Powell Reiterates Policy Pivot

The US Dollar may continue to push higher, building on gains scored after June’s sizzling CPI data, as Fed Chair Jerome Powell testifies in Congress.

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