Find out how to use the Consumer Price Index to make informed trading decisions.
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Sunday, 7 November 2021
Australian Dollar Forecast: AUD/USD May Climb After China Smashes Trade Surplus Record
The Australian Dollar may move higher to kick off the Asia-Pacific trading week after China posted a better-than-expected trade surplus over the weekend.
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Why COP26 Matters for Markets
Against the backdrop of rising energy prices leading to economic fallout for economies in Asia, Europe, and North America, COP26 is set to begin on October 31.
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Markets Week Ahead: US Dollar, British Pound, Treasury Yields, Australian Jobs Report, UK GDP
US stocks rose last week despite the long-awaited taper announcement from the Federal Reserve. The US Dollar, British Pound, government bond yields, and the Australian Dollar are in focus as the tr...
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Weekly Fundamental US Dollar Forecast: What’s Next for USD After Fed Meeting, NFP?
The US Dollar (via the DXY Index) hit a fresh yearly high by the end of the week, but the outlook moving forward is a bit more complicated than it appears on the surface.
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S&P 500 & FTSE 100 Forecasts for the Week Ahead
US equities back to record highs, seasonality signals short term pullback risk. UK banks pressured.
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Saturday, 6 November 2021
Mexican Peso Forecast: USD/MXN to Retain Bearish Bias Post-Fed Ahead of Banxico
Widespread bullish sentiment and monetary policy divergence between Banxico and the Fed may create an ideal scenario for the Mexican peso to appreciate against the U.S. dollar in the short term.
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Euro Forecast for the Week Ahead: EUR/USD Outlook Turns Bearish Again
EUR/USD began last week brightly enough but fell sharply Thursday and now looks likely to drop further as the markets begin to believe ECB President Lagarde that Eurozone rate hikes are not on the ...
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Gold Price Outlook: XAU/USD Turns to US Inflation and Fed Chair Jerome Powell
Gold prices turn to US CPI data in the week ahead as elevated global bond yields continue to make a tough road ahead for XAU/USD. Fed Chair Jerome Powell commentary eyed.
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Friday, 5 November 2021
Bitcoin (BTC) and Ethereum (ETH) Setting Up For The Next Leg Higher
The bullish channels that have been guiding Bitcoin and Ethereum higher over the past months are coming under pressure.
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Altcoin Crypto Currency Shiba Inu Faces Off Against Dogecoin
The latest entry into the altcoin field, Shiba Inu, sees volatility after a brief overtaking of Dogecoin's market cap. What does the massive rise and fall of $SHIBUSD in the past week say about the...
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Australian Dollar Outlook: Commodities, US Dollar and RBA Weigh. Can AUD/USD Hold?
The Australian Dollar weakened during the week as the RBA under-delivered and commodities continued lower. Will AUD/USD catch a bid?
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GBP/USD Rate Eyes Yearly Low Ahead of UK GDP Report
GBP/USD is on the verge of testing the yearly low (1.3509) ahead of the UK GDP report as the BoE keeps the benchmark interest rate at the record low of 0.10% in November.
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Spot Gold (XAU/USD), Natural Gas (LNG) & Nasdaq (NDX) – FinTwit Trends to Watch
Fintwit has come alive this week after central banks took center stage causing unease across financial markets. Spot gold (XAU) pushed higher, natural gas (LNG) remains impressive while NDX defies ...
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, AUD/USD
It was a big week for the USD, but bulls were unable to do much on this morning's test of a fresh yearly high. The focus now moves to next week's CPI.
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USD, Gold, US Rates Show Tepid Reaction to Strong US Nonfarm Payrolls
NFP headline beats provides brief USD bid, however, overall reaction is tepid given Fed meeting in the week.
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USD, GBP/USD, EUR/GBP Price Action Set-Up
NFP impact reduced. GBP underperforms after BoE shock. EUR/GBP better avenue to fade GBP weakness.
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Moving Average (MA) Explained for Traders
The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.
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EUR/USD Testing Support Ahead of the Latest US Jobs Report (NFP)
EUR/USD traders have made repeated attempts to force the pair lower over the past 5-6 weeks, but support remains. Today's NFP report may well provide another stern test.
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Thursday, 4 November 2021
US Dollar Soars on Higher Yields and Bank of England No-Go. Where to for USD?
The US Dollar rallied with Treasuries after the Bank of England surprised markets by leaving rates unchanged. Can the USD make new highs?
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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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The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
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AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...