Japanese Yen Springs to Life as Bank of Japan Tightening is in Focus. Lower USD/JPY?

The Japanese Yen gained today as the market looks at the shift in the Bank of Japan’s monetary policy. China’s new approach to Covid-19 is also on traders’ minds.

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Australian Dollar Outlook for 2023 Might Remain US Dollar Dependent Amid Uncertainty

The Australian Dollar has started 2023 on the backfoot with the US Dollar broadly stronger across the board in thin trading conditions before investors and traders return from holidays.

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DailyFX Forex Trading Course Walkthrough: Part Seven

We introduced charts in our series but there's a lot that goes into technical analysis. In this installment, we attempt to condense it down to the lowest common denominator.

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DailyFX Forex Trading Course Walkthrough: Part Six

Technical analysis is a popular field of study in FX markets even though it is simply an examination of the past.

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DailyFX Forex Trading Course Walkthrough: Part Five

In our last installment, we looked at the 'who,' and this time we shift our focus to the 'what.' What are the biggest news events for the FX market?

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DailyFX Forex Trading Course Walkthrough: Part Four

Fundamental analysis is key for projections, but since the global financial collapse, there's been a dominant force that traders need to account for, and that's the Central Bank.

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DailyFX Forex Trading Course Walkthrough: Part Three

Analysis is key for traders' decision making processes, but this is a wide field with numerous topics. In this article, we aim to simplify while helping you to get started.

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DailyFX Forex Trading Course Walkthrough: Part Two

What fundamental factor is a primary driver of FX prices? In this second installment in our 10-part series, we shift the focus to an important aspect of market dynamics.

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Where Can the S&P 500, Volume and Volatility Go In the First Week and Month of 2023?

We are heading into 2023 with a flimsy sense of stability attempting to offset this past year largely defined by its bearish course. The debate around whether the S&P 500 – and by proxy, markets in general – will re-enter its dive or recovery is a healthy one, but seasonal norms will facilitate their own expectations.

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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GBP Forecast: Pound Pressure Despite UK Housing Prices Beat

GBP/USD extends its sideways price movement but could breakout with next week’s U.S. economic data.

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EUR/USD Outlook: Surrenders Gains as 1.0700 Resistance Holds Firm

EUR/USD enjoyed its best day of gains in 2 weeks. Will we close 2022 above the 1.0700 handle or are we in for more messy price action for the rest of the day?

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Commodity Market Focus Shifts from Supply to Demand

Inflation, Ukraine and China’s Covid Response will be the three key commodity market themes in the coming year.

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Hoping For an Early Fed Pivot Does Not Mean We Will Get One

The US Federal Reserve may be more cautious about raising interest rates, but inflation could well force it to carry on doing so for longer than the markets’ cheap-money addicts would like.

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Top Monthly Charts Heading Into 2023: VIX, Stocks, China and More

It’s that rare time of the year where looking to monthly charts doesn’t generate glowers of disdain from short-term traders and those that don’t rely principally on technical analysis. These are some of the top charts I’m looking at on the higher time frame, speaking to macro themes that will likely carry into 2023 and beyond.

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Top Three Themes for Equities into 2023

It’s been a blistering year for equities with solid price action trends on both sides of the equation, but inflation remains a problem going into 2023.

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WTI Oil Remains Under Pressure Below $80 a Barrel Mark

WTI Extended its decline today as concerns grow around a rise in Covid cases following China’s relaxation of Covid Zero policies. Can EIA data out later today prop up WTI prices?

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USD/JPY Edging Lower as BoJ Announced Unplanned Bond Purchase Operation

USD/JPY likely to remain rangebound for the rest of the week with a light calendar and thin liquidity restricting any significant moves.

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AUD/USD Forecast: Dwindling Chinese Optimism Hurts Aussie

AUD/USD trades with caution as Chinese influences push markets into a watchful mode.

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

The US Dollar is holding support at 103.82 as the door opens to 2023 trade, with major questions hanging around EUR/USD, GBP/USD and USD/JPY.

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