Gold Price Forecast: XAU/USD Nearing ‘Oversold’ Territory as Yields Gap Up

Gold’s recent bullish advance appears under threat as the RSI briefly entered ‘oversold’ territory. Contractionary policy likely to cap longer-term XAU/USD price action

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Forex Spreads Trading Strategies & Tips

Learn how to master the forex spread and keep your trading costs low with our strategies and tips.

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Top 8 Forex Trading Strategies and their Pros and Cons

Compare the pros and cons of different forex strategies, from day trading to position trading.

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Crude Oil Forecast: Monthly OPEC Report in Focus for Brent

Brent crude oil keeps its head above the 95.00 support handle ahead of OPEC’s monthly oil report (MOMR).

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US Dollar Finds Firmer Footing After Fed Clarification. Has the DXY Index Peaked?

The US Dollar clawed back some ground today the Fed’s Waller hit the wires over the weekend, reminding markets that inflation is still too high. Where to for the US Dollar?

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Gold Looks Like Neither Inflation Hedge nor Safe Haven

The gold market has continued to slide this year despite rampant inflation, Covid and geopolitical turmoil.

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Japanese Yen Boosted Against US Dollar on Soft US CPI. Has USD/JPY Broken Trend?

The Japanese Yen has rallied after US CPI undermined the US Dollar sending USD/JPY to fresh 3-month lows ahead of a plethora of Japanese data. Is the ascending USD/JPY trend over?

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Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, Bitcoin, FTX, G-20 Summit

Stock markets surged last week as softer US inflation data cooled Fed rate hike expectations. The Nasdaq 100 and gold soared as the US Dollar tumbled. Bitcoin was unable to capitalize on risk appetite, sinking 20% as crypto giant FTX filed for bankruptcy. What is in store for markets next?

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Canadian Dollar Forecast: Outlook Hinges on Inflation Data Following USDCAD Plunge

Inflation data comes into focus for Loonie traders after a major week for USDCAD.

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EUR/USD Rate Eyes August High Ahead of US Retail Sales Report

EUR/USD is on track to test the August high (1.0369) ahead of the US Retail Sales report amid growing speculation for a smaller Federal Reserve rate hike in December

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Gold Price Forecast: Soft US Inflation Data Has XAU/USD Eyeing Less Hawkish Fed

Gold prices rallied the most since March 2020 last week as a softer US inflation report saw traders price in a less hawkish Federal Reserve. Ahead, eyes are on Fedspeak, PPI and retail sales data.

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US Dollar Outlook Turns Bearish as Slowing Inflation May Further Weigh on Yields

The U.S. dollar could extend its near-term correction as slowing U.S. inflation could keep Treasury yields biased to the downside as traders reprice lower the path of monetary policy.

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Cryptocurrency Meltdown Pauses After FTX and Alameda Implosion

Two of the biggest names in the cryptocurrency market, FTX and Alameda, may be worthless now after revealing losses running into billions of US dollars.

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USD/CAD Slides as the Dollar Index Suffers Worst Day of Losses in 2022

USD/CAD finally breaks below the stubborn 1.35 level. Following the US CPI print are we seeing the beginning of a slowdown in rate hikes?

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EUR/USD Latest: EURUSD Prints Largest Single Day Rise Since 2020

EUR/USD posted its highest single day rise since the start of the pandemic as softer US CPI data resulted in a sizeable downward revision in the dollar as well as US yields

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USD/JPY Weakness Leaves 140.00 as the Next Downside Objective

USD/JPY made a failed attempt to break below 140 yesterday after the latest US inflation report showed price pressures cooling in the States.

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British Pound Breaking News: UK GDP Beat Keeps GBP Bid For Now

GBP/USD pushed higher after UK GDP data surprised to the upside.

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Japanese Yen Holds Ground as Inflation Data Sinks the US Dollar. Lower USD/JPY?

The Japanese Yen gained on a weaker US Dollar after US CPI came in softer than forecast, driving Treasury yields lower and spurring hopes for a Fed policy pivot. Will USD/JPY break lower?

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Bitcoin Rebound in Doubt Amid Crypto Market Woes as APAC Markets Eye Risk-On Session

Bitcoin rebounded strongly during US trading hours after a weaker-than-expected CPI report weighed on Fed rate hike bets. Asia-Pacific markets will attempt to capitalize on the move.

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Crude Oil Price Forecast: China Virus Curbs Weigh on WTI, but Chart Shows Chance for Breakout

Crude oil prices are down over 6% this week as China increases virus-curbing measures after a surprise US stockpile build. A major US refinery is back online, but WTI’s chart shows a breakout chance.

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