US Dollar Benefits as BoJ Capitulates to Tighter Policy, Sinking Risk Assets

The US Dollar ascendency got back on track against most currencies except the Japanese Yen after the Bank of Japan surprisingly tightened monetary policy today.

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Japanese Yen Roars on BoJ Policy Adjustment. New Lows for USD/JPY?

The Japanese Yen leapt higher against the US Dollar today after the Bank of Japan changed their yield curve control target range. Where to for USD/JPY?

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S&P 500 Slide is Stretched While Majors Positioned for Various Reversals

The S&P 500 carried over the bearish momentum that risk trends experienced last week, but the index looks stretched and faces significant technical barriers ahead. Meanwhile, the Dollar-based majors are staged for technical reversal with event risk and liquidity conditions blurring the intent for the next stage.

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S&P 500, Dow Jones, Nasdaq 100 Sink as Treasury Yields Climb, APAC Stocks at Risk

The S&P 500, Dow Jones and Nasdaq 100 sank on Monday as Treasury yields rallied, extending moves from last week. This is leaving APAC equities, like the Nikkei 225 and ASX 200, at risk.

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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CAD

The US Dollar printed a doji for last week’s candle after running into support at the prior 2017 swing high, but can EUR/USD and GBP/USD force bearish turns?

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USDJPY, AUDJPY and CADJPY: Can the BOJ Trigger Loaded Technical Patterns?

While many of the major central banks have already closed their books on their policy for 2022, the Bank of Japan will decide its last effort Tuesday morning. Though it is considered a fully-committed dove which has anchored the Yen, those unquestioned expectations and serious technicals from pairs like CADJPY present potential.

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Euro Update – EUR/USD Nudging Higher on German Ifo Beat

The single currency is starting the week in positive territory, helped by a better-than-expected set of German Ifo sentiment results.

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How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

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AUD/USD Forecast: Downside Potential for Aussie Despite China Policy Support

AUD/USD begins the week on the front foot however, technical analysis hints at potential Aussie weakness to come.

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Euro Firms on US Dollar Weakness as Fed Hawks Undermine Equities. Has EUR/USD Peaked?

The Euro made some headway today after the US Dollar backtracked despite the Federal Reserve signalling rates will go higher and for longer. Where to for EUR/USD?

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Japanese Yen Ran Higher on a Potential BoJ Policy Shift. Will USD/JPY Break Lower?

The Japanese Yen got a boost against the US Dollar today after news over the weekend of a possible tilt toward a more flexible monetary policy for the Bank of Japan in 2023.

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Markets Week Ahead: Dow Jones, US Dollar, Gold, Japanese Yen, PCE, Bank of Japan

The Dow Jones, DAX 40 and Nikkei 225 fell as volatility struck markets last week. Ahead, the US Dollar and gold prices await US PCE data while USD/JPY turns to the Bank of Japan.

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Dollar Outlook Still Carries Important Event Risk and Technical Pressure

Holiday trading conditions may start for the Dollar and broader markets in the coming week, but the range of important event risk may actually turn thin liquidity into charged volatility. With the debate around a pivot in fundamental and technical bearing for this benchmark, traders should keep a wary eye on this market.

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S&P 500 Tumble Versus EURUSD Breakout: What Can Holiday Liquidity Achieve This Week?

Despite the depth of major event risk this past week, there wasn’t a clear reconciliation for bearing behind risk assets like the S&P 500 nor the Dollar. We are heading into a well-known liquidity drain over the coming week, but congestion patterns like those from EURUSD are likely to find at least a break – if not a trend.

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British Pound Forecast – GBP Pummeled by BoE Rate Split and Strikes

The British Pound is under pressure going into the weekend after yesterday’s BoE rate hike indecision left traders unimpressed

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Australian Dollar Outlook: US Dollar Roars Back to Life

The Australian Dollar got dusted after the US Dollar regained its ascendency amid central bankers re-iterating their hawkish stance after a series of hikes. Will AUD/USD go lower?

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Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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Euro (EUR/USD) Latest – ECB’s Hawkish Shift Boosts the Euro

The European Central Bank sent a strong hawkish signal to markets yesterday, propelling the single currency higher across the board.

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Crude Oil Caught in ECB Maelstrom After Rate Hikes and Hawkishness Prevails

Crude oil is slightly softer today after US Dollar ascendency got back on track and the ECB got their message across loud and clear. Will WTI crude oil head higher again?

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Gold and Dow Jones Sink After ECB Spooked Markets, XAU/USD Reversal in Motion?

Gold prices sank the most in 3 months alongside the Dow Jones after a slew of rates hikes from central banks in Europe. Is more pain in store for XAU/USD after a wedge breakout?

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