Australian Dollar Outlook: Low for Longer Keeps the Good Times Rolling

The Australian Dollar seesawed through the week, with an RBA rate hike and a blistering trade surplus. US Dollar strength keeps AUD/USD low, boosting the domestic economy.

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Gold Price Outlook Turns to NFPs with XAU/USD Set for the Worst Week in 2 Months

Gold prices are on course for the worst week in 2 months, and things may not be over just yet. US non-farm payrolls data might further fuel XAU/USD volatility into the weekend.

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Chinese Yuan Chips at Dollar as Iron Ore Catches Bid on Stimulus News

The Chinese Yuan made gains against the Dollar overnight as traders went risk-on in New York. News of a new round of infrastructure stimulus out of China pushed iron ore prices higher.

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Crude Oil Price Rebound Emerges as US Output Holds Steady Coming into July

The price of oil may stage a larger rebound over the coming days as US production holds steady at the start of July.

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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British Pound Outlook: GBP/USD Up as Traders Look Past UK Political Turmoil. Now What?

GBP/USD gains despite Boris Johnson's resignation. Although political uncertainty may spark volatility from time to time, it is unlikely to become the main driver of the British pound in the short ...

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US-Crude-Oil-and-Copper-Rebound-Amid-Hopes-of-Chinese-Stimulus-

Crude Oil and Copper are trading higher as hopes of stimulus from China mutes the bearish move. Commodity prices remain vulnerable to changes in economic outlook.

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Crude Oil Price Under the Pump on Wild Swings and US Dollar Strength. Where to for WTI?

Crude oil has continued to slide after Fed meeting minutes pushed Treasury yields higher, boosting fears of recession. Will WTI find a base?

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AUD/USD Consolidates Around Yearly Low Ahead of US NFP Report

AUD/USD may face headwinds later this week as the US Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in employment.

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GBP/USD Recovery Hopes Appear Dim After Breaking June Low

The British Pound fell below its June low versus the US Dollar overnight as embattled Prime Minister Boris Johnson faces an increasingly perilous position. Oil falls again as China tightens Covid m...

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EUR/USD Falls Toward Parity as RSI Pushes into Oversold Territory

EUR/USD may fall towards parity as the Relative Strength Index (RSI) pushes into oversold territory for the fourth time this year.

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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S&P 500 Shakes Off the Blues as Bears Retreat, Oil Clobbered by Recession Risks

The S&P 500 notches a small gain and breaks above 3,830, but rising recession risks create near-term headwinds, especially for growth-sensitive sectors.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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US Dollar to Rise on Fed Minutes, G20 Summit Amid Ukraine War?

The US Dollar may outperform its G10 peers this week if Fed minutes and the G20 summit reinforce the allure of the Greenback’s unparalleled liquidity and rising yield-advantage.

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Gold Price Eyes December Low as RSI Flirts with Oversold Territory

The price of gold may attempt to test the December low ($1753) as the Relative Strength Index (RSI) flirts with oversold territory.

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AUD/USD Grips Trendline as Shanghai Covid Fears Resurface

The Australian Dollar fell to a US Dollar that was boosted by safe-haven demand overnight. The RBA's chart pack is due out today, but traders are digesting news of new Covid testing out of Shanghai...

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USD/CAD Rate Rally Pushes RSI Towards Overbought Territory

Looming developments in the RSI may point to a further appreciation in USD/CAD if the indicator pushes into overbought territory for the first time in 2022.

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GBP Breaking News: Rishi Sunak and Sajid Javid Resign from Government as Pressure Mounts on Boris Johnson

Rishi Sunak and Sajid Javid resign from Boris Johnson's government as pressure mounts in the UK.

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S&P 500 Sinks Along with Oil Prices as Recession Anxiety Reaches Fever Pitch

U.S. stocks fall on Tuesday, along with growth-linked commodities, on rising fears that the U.S. economy is headed for a hard landing amid tightening financial conditions.

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