Michigan Consumer Sentiment Beats Across the Board, US Dollar Unmoved

The US dollar is little changed after the release of the latest Uni of Michigan Consumer Sentiment report showed consumer sentiment picking up sharply.

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GBP/USD Gains On US Inflation, Surprise Sign of UK Growth

The Pound got some rare support from its domestic economy, but US Inflation is doing the heavy lifting here

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U.S Banks BAC, WFC and JPM Launch Earnings Season

Q4 earnings commenced with Bank of America (BAC), JP Morgan (JPM) and Wells Fargo (WFC) all showing similar trends across financial metrics.

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Gold Outlook: XAU/USD Soars but Overbought Signals Flash Red

Gold has enjoyed a prolonged bullish run with little indication of a deep pullback until now. The yellow metal faces the next zone of resistance above 1900

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S&P 500, Nasdaq 100 Latest – Focus Now Turns to US Earnings Season

US equity markets have enjoyed a positive week on benign economic data. Ahead, the latest look at US corporate earnings may add a dose of volatility to a range of indices.

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Dollar Breaks But S&P 500 Can’t Overcome 200-Day Average After CPI, Bank Earnings Ahead

US inflation continued its slide back towards earth, but the market struggled to muster a clear ‘risk appetite’ response. Whether the markets are starting to fully discount a steady CPI retreat or the report was just undermined by its ‘in-line’ print, we have another spark to push the S&P 500 ahead: bank earnings…

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Gold Prices Break Higher After US CPI Sank US Dollar, Where to for XAU/USD?

Gold prices roared higher after an in-line US CPI report sank the US Dollar and Treasury yields. XAU/USD broke higher, restoring momentum. Where to from here?

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US Dollar Price Action Setups post-CPI: EUR/USD, GBP/USD, USD/JPY

The US Dollar sold-off after an in-line CPI print, dropping down to a Fibonacci level and trendline for a support test.

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S&P 500 Post CPI Rally Muted by Technical Resistance

US CPI data for the month of December fell in-line with expectations in anticipation of bank earnings, providing an initial lift to S&P 500. Can SPX clear 4000 to move higher?

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CPI Breaking News: US Headline CPI 6.5%, Core at 5.7% - In line with Estimates

US inflation continues to ease as the December measures of core and headline inflation print in line with estimates. S&P shoots above 4000, DXY below 103

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EURUSD Bullish As Key US Inflation Data Approach

The Euro remains supported against the Dollar by interest rate forecasts as a key clue to that thesis approaches

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US Dollar (DXY) Treading Water as US CPI Data Nears, Volatility Subdued for Now

The US dollar remains under pressure ahead of the latest inflation report with markets pricing in a subdued reading. Will today’s CPI release confirm this optimism?

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XAU/USD Forecast: Gold Optimistic About Softening U.S. Inflation

Gold has been benefitted from the recent dollar selloff ahead of key US CPI data. XAU/USD currently tests the key $1880 handle.

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Can CPI Recharge VIX and Spark a True S&P 500 Trend?

We will soon trade anticipation for fundamentally-driven action. The CPI release is due before the US open, and traders are clearly well-aware of the indicator’s recent history of invoking volatility. Will this release resolve our lack of trend and persistent volatility crush or will the attention turn immediately to bank earnings?

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Crude Oil Posts Biggest Rally Since November 4 with CPI Volatility Ahead

US-based crude oil futures rallied a healthy 3.3 percent this past session against a backdrop of measures ‘risk appetite’. The chart for capital markets assets connects more readily to hope for a quicker downshift in inflation and pressure for the Fed to drop rates, but can crude oil draw the same connections?

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EUR/GBP Forecast: Euro Takes Centre Stage Via ECB Speakers

The EUR/GBP currency pair is trading higher this Wednesday on the back of hawkish ECB officials in preparation for key economic data later in the week.

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Gold Price Latest: XAU/USD Piercing Multi-Month Resistance

The precious metal continues to grind higher and unless Thursday’s US inflation release comes in higher than expected, gold is likely to test resistance around the $1,900/oz. level this week.

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USD/JPY Latest: Hints of BoJ Policy Tweaks and Death Cross in View

USD/JPY has been dropping as US interest rate expectations are revised lower. A potential death cross in the pair supports the current trend ahead of crucial US CPI

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AUDUSD and NZDUSD Outlook from the Charts and Fundamental Perspective

US fundamental themes and the Dollar continue to exert an exaggerated influence on the major FX market. However, with growing speculation of the Fed’s rate potential slipping; can two of the top ‘carry currencies’ stand to benefit? We focus in on the Australian and New Zealand Dollar crosses.

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S&P 500 Price Outlook: Banks Kick off Q4 Earnings, Index Remains Vulnerable

Banks are expected to issue profit warnings for 2023 ahead of their Q4 earnings reports later this week. S&P 500 fails to follow through on bullish momentum

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