Thursday, 16 December 2021

Gold Prices Gained as US Dollar and Treasury Yields Fell. Will XAU/USD Keep Rising?

Gold seemed to take a haven role Thursday, but a closer look showed that weakness in the US Dollar and Treasury yields boosted XAU/USD. Retail investors are shorting gold, will it rise?

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USD/CAD Susceptible to Larger Pullback on Failed Test of Yearly High

USD/CAD may face a larger correction over the coming days amid the failed attempt to test the yearly high (1.2949).

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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Rates markets have moved considerably after the final Bank of England and European Central Bank meetings of 2021.

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Game Theories

Professional poker players Vanessa Selbst and Alexis Zervos both found second careers as hedge fund managers. The sound mathematical reasoning and strong risk management skills they learned at card...

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Euro, Pound Technical Analysis: EUR/USD, GBP/USD, GBP/JPY

It's been a busy 24 hours across global markets, with EUR/USD and GBP/USD in the spotlight after rate decisions from the European Central Bank and the Bank of England.

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ECB Leaves Monetary Policy Unchanged, EUR/USD Pop Begins to Fade

The European Central Bank (ECB) has left all monetary policy settings untouched, as expected, as attention now turns to the ECB press conference at 13:30 GMT.

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Bank of England Increases UK Interest Rate, GBP/USD Jumps

The Bank of England has raised its benchmark UK interest rate to 0.25% from 0.1%, sending GBP/USD higher.

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Wednesday, 15 December 2021

Australian Dollar Remains Firm Versus US Dollar After Blowout Jobs Report

AUD/USD's outlook is brightening after the pair held onto overnight gains after a blowout employment report that showed a gain of 366k jobs for December. The ECB and BoE rate decisions shift into f...

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AUD/USD Post-Fed Outlook Hinges on Australia Employment Report

The update to Australia’s Employment report may prop up AUD/USD as job growth is expected to increase for the first time since July.

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Federal Reserve: December FOMC Rate Decision

The December rate decision is finally here and the Fed is opening the door to a policy shift for next year as inflation has continued to rage in the background.

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Amazon's New Silk Road

The big American online retailer has become inextricably intertwined with China—but do Americans care? Amazon and China can’t seem to get enough of each other. If something’s made in China, then Am...

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EUR/USD, GBP/USD: Rate Decisions as Price Sits at Major Levels

Get ready for an especially busy outlay over the next couple of days, with rate decisions out of the Federal Reserve, the European Central Bank and the Bank of England.

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Gold Prices (XAU/USD) Stutter ahead of FOMC – All Eyes on the Fed

Gold price action remains lackluster despite UK inflation data surging to decade high. FOMC and Fed rate decision remain at the forefront of sentiment.

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Crude Oil Price Outlook: Holding up Well Despite Demand Fears

The price of US crude oil has eased over the past week on fears that demand will be hit by the spread of the Omicron coronavirus variant. However, the fall has been small, suggesting some underlyin...

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EUR/USD, EUR/GBP Braced For a Central Bank Bonanza

Euro traders are likely to face a short-term period of volatility as the Fed, BoE, and ECB all announce their latest monetary policy decisions this week.

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FTSE 100 Forecast: More Losses Likely on UK Political Turmoil

UK Prime Minister Boris Johnson suffered a major blow late Tuesday as nearly 100 MPs from his ruling Conservative Party rebelled; that’s bad news for the FTSE 100 index of London-listed stocks.

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Tuesday, 14 December 2021

Nasdaq 100 Slides as Traders Prepare for a Hawkish Turn From the FOMC

Nasdaq 100 falls for the second consecutive day on expectations the Fed may adopt a hawkish stance at the end of its December monetary policy meeting to curb high inflation in the economy.

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NZD/USD Outlook: RSI Flirts with Oversold Zone Ahead of Fed, NZ GDP

A move below 30 in the Relative Strength Index (RSI) is likely to be accompanied by a further decline in NZD/USD like the behavior seen earlier this month.

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US Dollar Price Action Setups Pre-FOMC: EUR/USD, GBP/USD, USD/CAD

Tomorrow brings a massively important FOMC rate decision and the US Dollar is already bristling for another breakout. Will the Fed feed bulls the projections that they need for a fresh high?

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Gold Price Outlook: XAU Embraces Resistances as Fed Decision Looms

Gold prices ease in anticipation of the FOMC rate decision: Will a hawkish Fed push prices out of their well-defined range?

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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...