Australian Dollar Outlook: A Sinking US Dollar Floats All Boats

The Australian Dollar leaped higher with the US Dollar under the pump after November’s Fed meeting minutes.

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Pound Fundamental Forecast: Retailers Hope for Booster Black Friday Sales

UK shoppers are expected to hit the high streets on Friday ahead of the Christmas shopping season as retailers hope to boost sales. US PCE and NFP next week

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USD/JPY Rallies as the Dollar Index Arrests a Three-Day Slide

The Pair has finally gained some upside traction as bets around a less aggressive Federal Reserve ramp up.

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British Pound Forecast: GBP/USD Rally Erases Policy Error Losses

GBP/USD continues to press higher and an important technical landmark is within touching distance.

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Euro Price Forecast: EUR/USD Advances on German GDP and ECB Speakers

EUR/USD is trading higher given a boost from positive German GDP data and ECB officials.

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Crude Oil (WTI) Whipsaws Around Key Level as Fundamental Drivers Clash

Comments from the Saudi Energy Minister supporting supply cuts and increasing Chinese lockdowns results in choppy price action around a key long-term support level

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USD/JPY Collapsing Towards a Fresh Three-Month Low

The recent USD/JPY sell-off continues, driven by greenback weakness, and the pair look set to test levels last seen three months ago.

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GBP/USD Rally Gains Momentum as FOMC Minutes Takes a Dovish Tilt

Cable continued its advance yesterday boosted by the dollar indexes decline. Have we seen the high on the dollar index?

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Crude Oil Update: Brent Falls on Supposed Russian Oil Price Cap

ICE Brent crude oil hurt be the potential for a higher price cap for Russian oil.

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US Dollar Nosedives Post Fed Meeting Minutes. Will the USD (DXY) Index Push Lower?

The US Dollar descended for the third day in a row after the Federal Reserve meeting minutes were interpreted as dovish by the market. Has the DXY lost its ascendency?

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Looking Ahead to EURUSD Activity, VIX Recharge and Key Market Data

This week’s liquidity was as deflated as was expected with the market able to play down key events to safeguard complacency. However, the typical seasonal restraint heading into December that will be turned to next week should not be relied on. Instead, measures like S&P 500, VIX and EURUSD will be prone to volatility and potentially even trend.

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Australian Dollar Soars as the US Dollar Sinks. Will AUD/USD Make a New Peak?

The Australian Dollar was boosted by the US Dollar being undermined by Federal Reserve meeting minutes that were perceived as dovish by the market. Can AUD/USD rally further?

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Euro Breaking News: EUR on Offer Despite EZ PMI Upside Surprise

EUR/USD dismissed better than expected eurozone PMI data ahead of today’s high impact US economic data.

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Crude Oil Forecast: Brent Bid on API and OPEC+ Ahead of Key US Data

Stacked economic calendar for brent crude oil could dictate short-term directional bias ahead of U.S. holidays.

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British Pound Pauses as US Dollar Takes Stock of Fed Outlook. Will GBP/USD go Higher?

The British Pound is anchored near the top end this week’s range after US Dollar gave some ground overnight with the focus on the Fed’s pace of tightening. Where to for GBP/USD?

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New Zealand Dollar Whipped by Jumbo Rate Hike. Will NZD/USD Rally Continue?

The New Zealand Dollar continued to firm after a jumbo 75 basis point rate hike by the RBNZ, setting a new record the central bank. Where to for NZD/USD?

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Gold’s Anti-Dollar Bounce Looks Like it Will Feel the Weight of Persistent Fed Forecasts

Gold is guided heavily by the US dollar just as most traditional fiat currencies tend to be. That said, the driving fundamental motivations for the Greenback will have a greater weight over the precious metal. And, that puts the focus on Fed forecasts.

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US Dollar Techs Post-Minutes: EUR/USD, GBP/USD, USD/CAD

The US Dollar broke out to start the week and then pulled back to test support ahead of the release of FOMC meeting minutes from the November rate decision.

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S&P 500, Nasdaq, Dow Jones Techs for This Week

US equities have shown a tendency towards range-bound behavior but the Nasdaq is starting to show a bearish lean: Might the impasse be nearing a break?

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Gold Price Forecast: XAU/USD Breakout Pulls Back, Tests Support at Prior Resistance

Gold prices sit at an important precipice, testing support at prior resistance after a pullback from a key zone at 1786-1794 last week.

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