Expect S&P 500 and Dollar Volatility to Be Charged by Uneven Liquidity Next Week

The post-CPI swell in volatility seems to have settled and there is a known liquidity drain in the week ahead. While that may go a long way to capping any serious attempts at forging a Dollar or ‘risk’ asset trend, it doesn’t preclude volatility. In fact, it could amplify it.

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USD Forecast: Fed Speakers Stoking Volatility While DXY Consolidates

The U.S. dollar now looks to fundamental catalysts for short-term directional bias while technical analysis points to a fading bearish move on DXY.

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GBP/USD Latest: Sterling Resolute After Fiscal Statement, UK Retail Sales

Cable weathered a volatile session after yesterday’s UK fiscal statement and trades marginally higher after the UK retail figures. Bullish continuation test at 1.2000

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Australian Dollar Filleted by Fed Speak as US Dollar Resumes Ascendency

The Australian Dollar came under pressure today after the US Dollar got a boost from Fed speakers reminding markets of their intentions for rates. Will a strong USD send AUD lower?

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Gold and Crude Oil Prices Sink as US Dollar Rallies, WTI Triangle Breakout in Focus

Gold and crude oil prices fell on Thursday as UK fiscal tightening and US initial jobless claims data soured markets, boosting the US Dollar. What are key levels to watch ahead?

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USDJPY May Be Building Up to a Break and Fed Warnings May Decide the Direction

Congestion remains the most prevalent chart pattern, but there are still the foundations of volatility flare ups in the open market. The S&P 500 showed how a fundamental spark on a tight trading range can resolve. USDJPY may be in store for similar if market’s take Fed remarks seriously.

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S&P 500 Holds Support, Builds Wedge Ahead of OpEx

The S&P 500 continues to operate within prior structure and tomorrow brings monthly options expiration which can spell more volatility.

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Gold Remains Vulnerable Below $1800 Key Level and 200-Day MA

Spot gold’s recent rally appears to have run out of steam as markets shift between risk-on and risk-off sentiment. A test of $1800 remains a possibility.

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Crude Oil Forecast: Letup in Geopolitics Weighs on Brent

Brent crude unmoved today but rising wedge breakout potential looms, exposing further downside.

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Euro Pauses as US Dollar Underpinned by Fed on Sturdy Data Ahead of EU CPI

The Euro made a 4-month high earlier in the week against the US Dollar on a soft US PPI, but overnight data and Fed rhetoric has seen a pause in the meteoric rise. Will EUR/USD go higher?

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Nasdaq 100 Headwinds Could be Structural with Unfavourable Yield Curve Moves

The Nasdaq 100 slipped overnight after solid retail sales data that saw long-end Treasury yields move lower again to invert the curve. What is that saying about NDX?

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Australian Dollar Looks Past Jobs Report as Doji Emerges, Will AUD/USD Reverse?

AUD/USD looked past a solid October Australian jobs report. Sentiment remains a key driver for the Australian Dollar after a Doji candlestick showed signs of indecision.

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S&P 500 Retreats to Key Support Following Retail Sales Data

Retail sales data and weak guidance from Target takes the S&P 500 back below 4000.

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Crude Oil Price Jumps Around on OPEC+ and IEA Reports, Data and War Woes

Crude oil has bounced around this week amid reports from OPEC+ and the IEA hinting at lower demand, while economic data and geopolitics create uncertainty. Where to for WTI?

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USD/CAD Rate Vulnerable to Sticky Canada CPI

Fresh data prints coming out of Canada may lead to a further decline in USD/CAD as the Consumer Price Index (CPI) is anticipated to show sticky inflation.

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Australian Dollar at Risk, Poland Says Russian-Made Missile Hit Border Area Near Ukraine

The Australian Dollar is testing a critical trendline breakout higher despite rising geopolitical tensions in Europe as Asia-Pacific markets are left on edge for Wednesday’s trading session.

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USD/JPY Rate Susceptible to Another Oversold Reading in RSI

USD/JPY may struggle to retain the advance from the August low (130.39) as the Relative Strength Index (RSI) continues to flirt with oversold territory.

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S&P 500 Rebounds but Reports that Russian Missiles Landed in Poland Cap Upside

The S&P 500 resumed its recovery on the back of weaker-than-expected PPI data, but finished the day off its best levels following reports that Russian missiles crossed into NATO member Poland.

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EURUSD Cooling Off After Failing to Test 1.05

The Euro has cooled from session highs after failing to stretch to the 1.05 threshold.

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Fedspeak for the Week Ahead

Federal Reserve speakers are back out in force this week following last week’s CPI print and major market moves.

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