Tuesday, 23 August 2022

Natural Gas Prices May Rise Further After Hitting Record Levels in Europe

European natural gas prices pulled back from a record-high close on Tuesday, but the potential loss of gas flows via the Nord Stream 1 Pipeline threatens to push prices higher yet.

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Japanese Yen Holds Ground Against US Dollar as Fed Forum Nears. Where to for USD/JPY?

The Japanese Yen has steadied against the US Dollar ahead of the Federal Reserve conclave in Jackson Hole later this week. If they signal a policy shift, will USD/JPY recalibrate?

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AUD/USD Carves Bullish Outside Day Candle Ahead of US PCE Report

AUD/USD may stage a rebound ahead of the update to the US Personal Consumption Expenditure (PCE) Price Index as it carves a bullish outside-day candle.

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USD/CNH Cools After Hitting Fresh 2022 High as Markets Await Fed Talk

The Chinese Yuan fell to its lowest level against the US Dollar since August 2020 as China's economic woes compete against a tightening Fed.

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EUR/USD Eyes December 2002 Low After Failing to Defend July Low

EUR/USD is on track to test the December 2002 low (0.9859) as the exchange rate fails to defend the July low (0.9952).

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S&P 500, Nasdaq, Dow Grind Support as Markets Weigh Disappointing Data

US Indices grinded at support after discouraging data highlights recession fears and questions persist around the pace of the next FOMC moves.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; Jackson Hole Preview

Fed policymakers have been pushing back against the notion that the rate hike cycle is finished.

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Monday, 22 August 2022

Crude Oil Price Boosted by Saudi Arabian and OPEC+ Rhetoric Trumping any Iran Deal

Crude oil got a lift from comments overnight from the head of OPEC+ and its largest member state, Saudi Arabia. Will growth concerns be overcome for WTI?

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USD/JPY Rate Eyes Yearly High After Clearing August Opening Range

USD/JPY appears to be on track to test the yearly high (139.39) after clearing the opening range for August.

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AUD/USD Buoyed After PBOC Action as Wall Street Stocks Sink

The risk-sensitive Australian Dollar held up fairly well against a US Dollar that surged amid a deep selloff on Wall Street.

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S&P 500 Price Update: US Equities Sell-off Ahead of Jackson hole, PCE Data

The S&P 500 dropped from the recent high as Fed speakers reaffirmed the appetite for more hikes, bolstering the dollar. PCE data in focus after cooler CPI earlier this month

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Gold Price Latest - Bears Continue to Maul Gold Towards S1,700/oz.

The US dollar has picked up where it left off last week and is pushing ever higher, shunting gold back towards $1,700/oz.

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Euro Price Forecast: Parity Back on the Cards for EUR/USD

The euro remains under pressure this week as markets look forward to the Jackson Hole Symposium later this week, while EUR.USD tests 1.00.

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The Bond Market as a Forecasting Tool for Stocks: Four Key Yield Curve Regimes

Traders often use the shape of the yield curve as a leading indicator of the economy and a forecasting tool for equity performance. Here are four key yield curve regimes to know.

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Sunday, 21 August 2022

The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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US Dollar Wobbles After China Cut Rates and Ahead of Jackson Hole. Will USD Make New Highs?

The US Dollar made fresh high before it gave up some ground today after rate were reduced in China. The upcoming Jackson Hole symposium may provide cluses for USD direction.

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Australian Dollar Eyes PBOC Rate Cuts Amid Protracted China Power Woes

The Australian Dollar is facing increased headwinds as China's power crunch worsens. A PBOC rate cut expected today may not offer much relief to AUD/USD.

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Weekly Fundamental US Dollar Forecast: Fed in Focus at Jackson Hole

Fed speakers are expected to deploy an aggressive hawkish tone this week.

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Markets Week Ahead: Dow Jones, US Dollar, Gold, Bitcoin, Oil, Inflation, China, Jackson Hole, Fed

Market sentiment soured last week as Federal Reserve officials stood firm on further rate tightening. The US Dollar surged higher, pressuring US stocks, cryptos and gold. Traders await Jackson Hole.

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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...