The first look at Q2 Euro Zone GDP data showed the block growing by a better-than-expected 2% while inflation rose to 2.2% in July
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Friday, 30 July 2021
US Dollar Looking for a Lifeline in PCE Inflation Data
The US Dollar may find a lifeline if June’s PCE inflation data tops expectations, encouraging a rethink of the selloff following this month’s FOMC meeting.
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GBP/USD Running Out of Steam as 1.40 Falls in Sight, Focus on US PCE
A strong rally in GBP/USD is losing some momentum as investors are cautious about US PCE data
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Thursday, 29 July 2021
Introduction to Basic Trendline Analysis
Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.
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Iron Ore to Rise Further as US Infrastructure Deal Aids Recovery Outlook: Q3 Top Trading Opportunities
Iron ore prices look primed to rise further in Q3 as a developing US infrastructure plan underpins an already bright outlook amid a global recovery.
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How to Manage the Emotions of Trading
Controlling emotions while trading can prove to be the difference between success and failure.
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New Zealand Dollar Outlook: NZD/USD Breaks Higher from Wedge Pattern
The New Zealand Dollar is gaining against the US Dollar after breaking higher from a wedge pattern. Meanwhile, Asia Pacific markets look set to trade Friday on a positive note.
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Bitcoin to Boost Coinbase ($COIN) as Robinhood ($HOOD) Flops
Bitcoin price action ($BTCUSD) has propelled higher this week. With crypto outlook sanguine again, Coinbase ($COIN) has potential to outperform Robinhood ($HOOD) following its weak IPO.
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Mexican Peso Outlook: USD/MXN Falls On Dovish Fed and U.S. GDP Data Miss
A dovish Fed and a weaker-than-expected U.S. gross domestic product print weighed on the dollar and drove USD/MXN to its lowest level since mid-July.
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What is Earnings Season & What to Look for in Earnings Reports?
Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.
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Commodities Trader @Chigrl Talks FinTwit, Women and Trading
She's been called an oil market Internet sensation. On any given day the commodities trader takes to Twitter to push out breaking news on crude oil.
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EUR/USD Stages Four-Day Rally Ahead of Euro Zone GDP, US PCE Update
EUR/USD may stage a larger recovery going into the end of the month as the Euro Area is expected to recover from a technical recession.
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Canadian Dollar Price Forecast: USD/CAD Breaches 1.2500 - Loonie Levels
USD/CAD is approaching a key spot of support but the tides of reversal are strong. Can USD/CAD bulls hold or will sellers bring back the bearish trend?
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Robinhood IPO Set to Take Equity Markets by Storm, First Trades at $38
Robinhood listed publicly on Thursday with an enterprise value of $32 billion after shares were priced at $38.
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Tech Review: Positive Earnings and Accommodative Fed Lift the Nasdaq 100 Index
Apple, Microsoft, Google, Facebook and Tesla all beat earnings estimates. Nasdaq eyes all-time highs once more as the Fed remains accommodative
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FTSE 100 Index Forecast: UK Stocks Surge on Robust Earnings Reports
FTSE 100 index up 1% today and 9.70% YTD after several constituents posted record earnings results with help from a dovish Fed and sliding UK bond yields.
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AUD/USD Rate Defends Post-FOMC Gain on Lackluster US GDP Report
AUD/USD defends the advance following the Federal Reserve interest rate decision as the US Gross Domestic Product (GDP) report warns of a weaker-than-expected recovery.
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US Dollar Hits Monthly Low as Jobless Claims, Q2 GDP Disappoint
The US Dollar is extending its post-Fed slide so far during Thursday's trading session with the help from disappointing data on weekly jobless claims and second quarter GDP.
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Euro Price Outlook - US Data Will Decide the Next Move in EUR/USD
The recent EUR/USD rally is heading into a zone of resistance ahead of two important US data releases
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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....