Sunday, 9 January 2022

Euro Boosted by Weaker US Dollar After Jobs Data. Can EUR/USD Break Higher?

The Euro found support when the US Dollar weakened on Friday, but it has given up some ground in Asia today. How long will EUR/USD be range bound?

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US Dollar Forecast: CPI Data Risks Souring Emerging Market Sentiment, Currencies

The US Dollar rose against the Singapore Dollar, Thai Baht, Indonesian Rupiah and Philippine Peso. All eyes are on US inflation data as a more hawkish Fed risks souring Emerging Market sentiment.

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Gold Price Holds Ground as US Dollar Falls and Real Yields Rise. Where to for XAU/USD?

Gold has remained steady as a weakening US Dollar was largely offset by higher real yields in the aftermath of non-farm payroll numbers. Will XAU/USD fall?

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S&P 500 Retreats Amid Rate Hike Fears, Hang Seng and ASX 200 May Follow Lower

Wall Street stocks retreated on Friday after the release of solid US jobs data. Treasury yields climbed. Asia-Pacific markets look set to open modestly lower as investors worry about Fed rate hikes...

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AUD/USD Eyed to Gauge Risk as Traders Eye Incoming US and Chinese CPI

AUD/USD is slightly lower in early Asia-Pacific trading, as US and Chinese inflation data approach following a sour week of trading after the Fed's pace of rate hikes are seen accelerating.

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Weekly Fundamental US Stocks Forecast: Inflation Data in Focus After FOMC Minutes, NFP

Will another hot US inflation report further stoke fears of an aggressive Fed policy tightening cycle?

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Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Gold, CPI, Powell Hearing

The Dow Jones suffered much less than the Nasdaq 100 this past week as hawkish Federal Reserve bets dragged down the tech sector. The US Dollar is on the rise again with Treasury yields, leaving go...

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S&P 500 Forecast for the Week Ahead

Soft start to 2022 for equities as Fed hawks bring QT back into the equation.

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Saturday, 8 January 2022

Euro Forecast: EUR/USD Rebound Vulnerable to Rising US Inflation

The US Dollar Index (DXY) may reestablish an upward trend following the Federal Reserve interest rate decision as it appears to be trading within a bull flag formation.

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British Pound Outlook: GBP/USD, EUR/GBP, GBP/JPY Technical Forecast

The British Pound (GBP) has remained resilient against USD, EUR and JPY as price action tests critical levels. GBP/USD, EUR/GBP, GBP/JPY technical levels.

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Gold Prices Eye Fed Chair Jerome Powell Testimony and Inflation Data

Gold prices fell last week as Fed rate hike bets strengthened. Bullion traders expect a busy week ahead, with Fed Chair Jerome Powell set to testify before Congress and CPI data set to cross the wi...

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Friday, 7 January 2022

Bitcoin (BTC), Ethereum (ETH) – Collapsing Into Multi-Month Support as Sellers Triumph

A bad start to the year for Bitcoin and Ethereum holders with sellers taking control and driving the price ever lower. Important support nears.

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Australian Dollar Outlook: US Dollar, Fed, RBA, Commodities. Is AUD/USD Trapped?

The Australian Dollar depreciated last week after Fed hawkishness lifted US yields and the US Dollar. Will interest rates or commodities drive AUD/USD?

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The Psychology of Speculation in the Forex Market

Find out how to develop a positive trading mindset to speculate on forex like a professional.

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GBP Fundamental Forecast: Sterling May be due a Breather but Remains Bullish

The Pound Sterling continues its stellar performance and while it may be due a pullback, the outlook remains bullish

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Thursday, 6 January 2022

NZD/USD Falls on Stronger US Dollar as Fed Rate Hike Bets Accelerate

The New Zealand Dollar fell sharply overnight as traders priced in a more aggressive US rate hike outlook. Meanwhile, the Chinese Yuan fell to its weakest level since November versus the US Dollar.

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S&P 500 Subdued on Fast and Furious Fed Tightening Roadmap, NFP Eyed for Direction

U.S. stocks were mixed on Thursday, ending the day slightly lower on investor caution over expectations that the Federal Reserve will embark on an aggressive tightening cycle.

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USD/JPY Rate Pullback Generates RSI Sell Signal Ahead of NFP Report

USD/JPY may face a larger pullback ahead of the US Non-Farm Payrolls (NFP) report as the Relative Strength Index (RSI) slips below 70 to indicate a textbook sell signal.

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US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, AUD/USD

The US Dollar remains in range, as does EUR/USD. But, both GBP/USD and AUD/USD present trending potential ahead of tomorrow's NFP report.

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Stock Markets Maintain Losses as US ISM Misses Expectations

US ISM misses expectations, prices paid remains elevated

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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...