Australian Dollar Boosted by Strong Jobs Report, China Pledge to Support Economy

The Australian Dollar rebounded sharply last week after Chinese authorities’ pledge to support the economy boosted market sentiment. A robust Australian jobs report also lifted the commodity currency.

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Fibonacci’s Arithmetic Revolution

A series of numbers known as the Fibonacci sequence revolutionized commerce and science. But can it help traders pick the right stocks?

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Nasdaq 100 Rally May Inspire Nikkei 225, APAC Stocks to Trade Higher

Wall Street stocks extended higher as the FOMC meeting and a de-escalation of Russia-Ukraine tensions boosted market confidence. Stocks in Hong Kong may face a technical pullback after surging 16% ...

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USD/CAD Rate on Track to Threaten March Opening Range

USD/CAD appears to be on track to test the monthly low (1.2587) as it extends the series of lower highs and lows from earlier this week.

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AUD/USD, AUD/JPY Climb as Risk-On Flows Bolster Asian Equities

The Australian Dollar performed well overnight as US stocks rose following a solid performance in Thursday's Asian equity markets. The Bank of Japan will close out the APAC trading week.

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S&P 500, Dow, Nasdaq 100 Forecast: Stocks Surge and Build on Bullish Momentum

After struggling for direction in the morning, U.S. stocks find their footing and push higher in late trading, building on the previous session's monster rally.

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Oil Price Forecast: Crude Recovers Ahead of 50-Day SMA

The price of oil may stage a larger rebound over the coming days as it reverses ahead of the 50-Day SMA ($92.88).

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Crypto Doomsday

The year 2022 will mark the demise of cryptocurrency as we know it

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10 Trading Mistakes to Avoid in Forex Trading

Human error in the FX market is common and can lead to common trading mistakes. See the top 10.

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Crude Oil Forecast: China Lockdowns Temper Demand as US Supply Increases

WTI crude oil prices have surrendered recent gains, falling more than 25% from last week's high. Lockdowns in China have tempered demand expectations as the US slowly ramps up production.

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Australian Dollar Boosted by Robust Jobs Data. Will AUD/USD Test Higher?

The Australian Dollar has continued higher after strong employment numbers showed a healthy jobs market. Where to forAUD/USD?

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Nasdaq 100 Soars as FOMC Signals Strong Economy. Hang Seng Index Sees “Policy Bottom”

Wall Street stocks extended higher for a second day as the Fed raised interest rate by 25bps and signaled that the US economy is strong enough to withstand tightening. Hong Kong stocks rallied the ...

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NZD/USD Climbs After GDP Data as APAC Traders Shift Focus to Australian Jobs Report

NZD/USD is continuing an overnight move higher despite New Zealand's fourth-quarter GDP data missing estimates. The Australian Dollar is in focus ahead of Australia's February jobs report.

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S&P 500, Nasdaq 100, Dow Blast Higher as Market Bets Fed Will Engineer Soft Landing

U.S. stocks rise sharply again Wednesday on bets that the Fed's monetary policy outlook is well calibrated and strikes the right balance to control inflation without triggering a recession.

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Gold Price Halts Three-Day Selloff as Fed Refrains from Quantitative Tightening

The price of gold attempts to halt a three-day sell off as the Federal Reserve appears to be on a preset course in normalizing monetary policy.

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FOMC Hikes - USD Spikes, SPX Snaps, Bring on the Presser

The Fed has just sparked lift-off by hiking rates for the first time since 2018. But, what else does the bank have to say?

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EUR/USD Recovery Looks Fragile Amid War Risks as US Dollar Eyes FOMC

EUR/USD is cautiously rising for a third day despite worsening fighting in Ukraine as European leaders visit Kyiv. Tonight's FOMC may inject volatility into the currency pair and bolster the USD's ...

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Gold Price Bubble Bursts as Real Yields Leap Ahead of the Fed. Where to for XAU/USD?

Gold has continued lower as a combination of commodity withdrawal, rising rates and a strengthening USD undermine it. Can XAU/USD find some footing?

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Dow Jones Rebound May Lift Hang Seng Index. Crude Oil Fall, FOMC Meeting in Focus

Wall Street stocks climbed on Tuesday as falling crude oil prices alleviated inflation concerns. The Hang Seng Index may be positioned for a rebound after reaching a six-year low. The FOMC meeting ...

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AUD/USD Grapples its 50-Day Simple Moving Average in APAC Trading as FOMC Nears

AUD/USD is trading at the 50-day Simple Moving Average as traders prepare for the potentially high-impact FOMC event tonight. Meanwhile, oil prices continue to fall on Chinese demand fears.

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