Wednesday, 26 January 2022

British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?

The British Pound has slid lower again today as the Fed delivered on expectations, lifting the US Dollar. Will GBP/USD continue lower?

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Crude Oil Prices Near 7-Year High on Ukraine Standoff, Falling Cushing Stockpiles

WTI crude oil prices are hovering at 7-year highs on Thursday as investors mull rising Russia-Ukraine tensions amid a tight market. The EIA reported a decent drop in Cushing inventories, supporting...

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Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?

Gold fell back into a trend channel after the Federal Reserve signalled ceasing asset purchases and hiking rates at their March meeting. Will XAU/USD go lower?

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Dow Jones Wobbles as the FOMC Signals March Rate Hike, Hang Seng Index May Follow

Dow Jones erased earlier gains and ended lower after Powell said he won’t rule out raising rates at every FOMC meeting this year. Tesla earnings beat. Asia-Pacific markets opened cautiously.

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EUR/USD Nears 2021 Low as FOMC Unveils More Detailed Exit Strategy

EUR/USD may attempt to test the 2021 low (1.1186) as the exchange rate extends the series of lower highs and lows from the start of the week.

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S&P 500 Falls as Fed Fails to Rule Out Steep Hiking Path, Growth & Tech Stocks at Risk

The S&P 500 erases gains and posts small losses after Powell admits there is plenty of room to raise borrowing costs and fails to rule out hiking rates at every meeting after liftoff starts.

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Nasdaq 100 Pares Gains During Volatile Fed Day, Tesla Falls on Earnings

The Nasdaq 100 whipsawed in a volatile session as market participants digested the outcome of the January FOMC policy meeting.

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Crude Oil Forecast: Overbought RSI to Accompany Higher Crude Prices

An overbought reading in the Relative Strength Index (RSI) is likely to be accompanied by higher crude oil prices like the behavior seen earlier this month.

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Federal Reserve Rate Decision: FOMC Holds, Focus to March for Lift-Off

The FOMC held rates flat at today's rate decision, but the devil is in the details and the press conference is where many are looking for clues on the Fed's stance for the rest of the year.

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Tuesday, 25 January 2022

New Zealand Dollar: NZD/USD in Dangerous Spot Ahead of FOMC, New Zealand CPI

The New Zealand Dollar is slightly higher versus the US Dollar in early APAC trading, but an overnight break to new yearly lows leaves NZD/USD susceptible to further losses. FOMC and NZ CPI looms.

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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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3 Trading Exit Strategies – How to Exit a Profitable Trade

Explore 3 trading exit strategies that traders should consider when looking to get out of a trade.

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Monday, 24 January 2022

Gold Prices Eye 5-Year Treasury Auction as FOMC, PCE Approach

Gold prices rose overnight amid volatile market conditions. A 2-year note Treasury auction saw strong demand, which helped gold rise as short-term yields fell. The 5-year auction tonight may allow ...

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Nasdaq 100 Reverses Losses on Dip-Buying, Will APAC Markets Follow?

Wall Street stocks erased deep intra-day losses and closed mildly higher, as dip-buyers stepped in during the late trade. IBM beat earnings expectations. Asia-Pacific markets look set to open lower.

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Australian Dollar Forecast: AUD/USD Gets a CPI Boost Amid Volatile Trading

The Australian Dollar continued to recover versus the US Dollar from a volatile overnight session after Australia reported hotter-than-expected fourth quarter CPI numbers. The week ahead holds furt...

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NZD/USD Rate Clears 2021 Low Ahead of New Zealand Inflation Report

Fresh data prints coming out of New Zealand may curb the recent decline in NZD/USD as inflation is anticipated to increase for the fourth consecutive quarter.

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Nasdaq 100 Recovers from 5% Decline to Finish in Positive Territory

The Nasdaq 100 undertook one of the largest intraday rallies in history, recovering from being down 5% on the session to close in the green.

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British Pound Breaking News: GBP/USD Indifferent After PMI Miss

Cable was unmoved by weak UK PMI numbers this morning as markets focus on the upcoming Fed rate decision later this week, while GBP/USD finds support at 100-day EMA.

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Germany PMI Data Beat: Manufacturing (60.5), Services (52.2)

The German economic environment looks to be on the up after strong manufacturing data and improved services data

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Sunday, 23 January 2022

Euro Holds Ground as Asset Allocations Unfold Ahead of the Fed. Can EUR/USD Rally?

The Euro has been steady despite high volatility across markets in anticipation of the Federal Reserve meeting this week. Will the EUR/USD trend remain intact?

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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...