Gold Prices Eyeing Bearish Death Cross as Traders Await Jerome Powell

Gold prices fell on Monday as a jump in Treasury yields weighed on the yellow metal. A bearish Death Cross is in focus as traders await Fed Chair Jerome Powell’s testimony.

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Australian Dollar Slides After RBA's Widely Expected 25-Basis Point Hike

AUD/USD slides after the Reserve Bank of Australia hiked the cash rate by 25 basis points, in line with expectations. The focus now shifts to US Fed Chair Powell’s testimony later today and tomorrow. What’s next for AUD/USD?

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Euro Bounces on Hawkish ECB and Ahead Powell’s Testimony. Higher EUR/USD?

The Euro made some ground against the US Dollar on hawkish comments from ECB officials as the market awaits Fed Chair Powell’s commentary later today. Will EUR/USD trend remain intact?

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EUR/GBP Latest – Is a Fresh Multi-Month High Brewing?

Sterling may struggle against the Euro as ECB hawks continue to call for higher interest rates

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Bitcoin Price Outlook: BTC, ETH Trade Flat After Bouncing Off Support

Bitcoin and Ethereum have continued to trade sideways after recovering from Friday’s slide. BTC lingers around $22,500 while ETH eyes $1,600.

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Gold Prices Hold Steady Ahead of Fed Chair Powell and the Latest US Jobs Report

The recent rally in the precious metal has stalled as the week opens with traders looking ahead to a couple of important market moving events.

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EUR/USD Unchanged as Euro Area Retail Sales Tick Higher but Miss Estimates

Eurozone retail sales recorded a small increase in January which points to a weaker start to the year than expected as higher prices continue to weigh on consumers.

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AUD Price Forecast: Aussie Dollar Hampered by Chinese GDP Expectations

AUD/USD trades cautiously ahead of a stacked day tomorrow which include the RBA’s rate decision as well as Fed Chair Jerome Powell’s testimony.

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Japanese Yen Firms Ahead of Powell and BoJ as US Dollar Pauses. Where to for USD/JPY?

The Japanese Yen could be in for a bumpy ride this week with Fed Chair Powell set to testify and a Bank of Japan meeting amongst other data could be pivotal for USD/JPY direction.

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Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Powell, NFPs, RBA, BoC, BoJ

The Dow Jones and S&P 500 rallied as the US Dollar fell last week. Ahead, the RBA, BoC and BoJ set rates. Markets also await Jerome Powell’s testimony and non-farm payrolls data.

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S&P 500, Nasdaq 100 Forecast: Speculative Frenzy at Risk ahead of Key US Jobs Report

The speculative frenzy that triggered a rally in the S&P 500 and Nasdaq 100 this past week could end if U.S. labor market data beat estimates and bolster Fed rate hikes expectations.

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GBP Weekly Forecast: Pound Eyes UK GDP Alongside US NFP

GBP/USD is preparing for some price volatility next week including UK GDP, Fed Chair Jerome Powell and US NFP data

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ISM Services PMI Virtually Unchanged amid Economic Resilience, Dollar Trims Losses

ISM Services PMI was virtually unchanged in February, clocking in at 55.1 from 55.2 in January, a sign that the economy remains extremely resilient despite rapidly rising interest rates.

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EUR/USD Price Update: EU PMI Miss Still Cause for Optimism

EU PMI data generally fell below rather lofty estimations, maintaining optimism that Europe may escape a recession in 2023. ECB Interest rate expectations hit 4%

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GBP Price Forecast: GBP/USD May Struggle to Push Noticeably Higher

Sterling continues to battle against a strong US dollar but one closely-followed long-term technical indicator is giving cable some support.

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Inflation. Deflation. Which Is Worse and Why?

Inflation is back from the dead but it’s sobering to recall that, not so long ago, deflation was deemed by far the greater threat. Maybe now’s a good time to ask which is worse for an economy?

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US Dollar Bounces Back Again as the Fed and ECB Map Out Rate Hikes. Higher USD?

The US Dollar skipped higher on Treasury yields gaining on solid data and the Fed re-iterating its hawkish stance while will EUR/USD dipped despite impending ECB rate hikes.

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EUR/USD Rejected at Resistance, GBP/USD Carves Out Bearish Double Top Pattern

The EUR/USD has resumed its decline after failing to break above a key technical resistance area. Meanwhile, the GBP/USD appears to be on the verge of validating a bearish double-top pattern.

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US Dollar Soars Lifted by Surging Yields, S&P 500 Falls Despite VIX's Slide

The U.S. dollar soars while the S&P 500 trades with a negative bias on Thursday in the wake of surging Treasury yields following hotter-than-expected labor market data.

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Gold Price Forecast: XAU, XAG/USD Wrestle with Rates & USD Strength

Gold and silver prices are facing technical and fundamental headwinds as higher rate expectations and inflation continue to drive price action. What next for XAU and XAG?

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