Wednesday, 27 October 2021

USD/JPY Correction to Persist Amid Weakness in US Treasury Yields

USD/JPY may continue to consolidate ahead of the Federal Reserve rate decision on November 3 as the 10-Year Treasury yield weakens for the fourth consecutive day.

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USD/CAD Breaking News: Hawkish Surprise as Bank of Canada Holds Rates Steady

USD/CAD fell on the back of the Bank of Canada expectedly maintaining rates at current levels however, the a surprise end to the QE program prompted CAD buyers to extend the recent downtrend.

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Why Gold Appears Unresponsive to Inflation Fears & Tech Levels That May Change That

The yellow metal is poised for another boost, however, this is largely contingent on the magnitude of central bank response to inflation expectations

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USD Faces Short-Term Month-End Hurdle, AUD/USD Topside Struggles

USD at risk of month-end selling, while AUD/USD fails to hold onto inflation inspired gains

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EUR/GBP Likely to be Choppy as BOE-ECB Risks Unfold

EUR/GBP likely to remain in a noisy range amid key central bank meetings

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Bitcoin (BTC), Ethereum (ETH) Slump, Alt-Coins Hit Hard

The cryptocurrency market is trying to recover from an early morning sell-off that sent prices plummeting across the board.

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GBP/AUD Price Outlook: Nearing Support After Sharp Falls, Inflation Jitters in Focus

GBP/AUD has fallen steeply in recent weeks but is now approaching an important band of support as inflation concerns dominate global currency trading.

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Gold Price Chart Hints at Turn as Inflation Fears Crop Up on Earnings Calls

Gold price chart positioning hints a downturn may be ahead as worries about inflation crop up on Q3 corporate earnings calls, stoking Fed tightening speculation.

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Tuesday, 26 October 2021

Crude Oil Prices Hold Lofty Levels as US Dollar Softens on Rising Inflation and Yields. Where to for WTI?

WTI crude oil has managed to maintain high prices at a time when inflation concerns are growing. Will it keep going to drive up inflation even further?

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Australian Dollar Jumps as RBA Preferred CPI Beats Estimates. Can AUD/USD Go Higher?

The Australian Dollar reacted to 3rd quarter CPI numbers by immediately testing the upper bound of the recent range. Will AUD/USD resume the trend?

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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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Nasdaq 100 Edges Higher as Microsoft, Alphabet, Twitter Report Earnings

Nasdaq 100 stocks continue to power higher as sentiment remains strong with earnings season in full swing.

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Dow Jones Ekes Out Record Close as Earnings Boost Optimism. Will the Rally Continue?

The Dow Jones could have more upside potential in the near term as the fundamental outlook becomes more positive and the technical picture remains bullish.

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NZD/USD Rate Rebound Mired by RSI Sell Signal

The Relative Strength Index (RSI) indicates a larger pullback in NZD/USD as the oscillator falls back from overbought territory to offer a textbook sell signal.

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Gold Price Forecast: Ahead of the Fed, the Gold Coil Continues

Gold prices are still digesting more than 14 months after setting the ATH. Next week's Fed meeting and the way that Gold behaves around that is key for future trends.

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EUR/USD Rate Consolidates with ECB Interest Rate Decision on Tap

The ECB interest rate decision may sway the near-term outlook for EUR/USD if the Governing Council adjusts the forward guidance for monetary policy.

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Return to Normalcy Harkens Shift in Retail Trading Era

It stands to reason that as we persist in a lower volatility environment, which incidentally may be good for a steady float higher in US equity prices, could also see the level of interest among re...

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USD Holds Steady, US Consumer Confidence Shows Surprise Increase

US Consumer Confidence Halts Three Month Decline. USD Steady Ahead of ECB, BoC and month-end

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Market Sentiment Positive, Stocks Benefit While US Dollar Eases | Webinar

Trader confidence remains high and that means current trends, in particular stronger stock markets and a weaker US Dollar, will likely persist for a while yet.

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USD Sold, GBP/USD Flips Net Long & CAD Buying Boosted – COT Report

USD sold for second consecutive week, asset managers seek GBP ahead of possible BoE rate rise. CAD longs jump.

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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...