Crude Oil Forecast: Prices Extend Recovery as Banking Sector Jitters Fade

Oil prices rise and advance for the second consecutive day as market confidence improves further, but the outlook for energy commodities remains challenging.

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GBPUSD Weaker As Market Looks To Fed, Bank of England

There are monetary policy calls on both sides of the GBP/USD pair this week, with major moves unlikely until they’re out of the way

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Gold Price Slips Lower as Markets Turn Risk-on, FOMC Will Guide the Next Move

After breaking the $2k barrier for the first time in a year, gold has given back some of its recent gains ahead of Wednesday’s all-important Fed monetary policy decision.

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Gold Price Forecast: Bullish Momentum Wilts After Fake Breakout. Now What?

Gold prices lose upward momentum after failing to break above the psychological $2,000 level decisively but maintain a bullish technical outlook.

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FTSE Price Forecast: UK Stocks Rally as Markets Contemplate Overreaction

The prior resilience of the FTSE 100 index appears at risk as the very exposure to financials and energy that held it in good stead adds to its new-found fragility

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Oil Price Update: WTI and Brent Remain Under Pressure as Recessionary Fears Weigh

Oil prices continued their decline in the European session before bouncing ahead of the US open. Given the recessionary fears engulfing markets will we see a sustainable upside push for Oil prices?

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USD/JPY Grinds Lower as Fear Overshadows UBS/Credit Suisse Deal

USD/JPY has continued to decline as mounting fears of further contagion throughout the banking sector weigh on the Dollar, boosting the safe-haven appeal of the Yen.

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EURUSD Wilts As Bank-Sector Woes Hit Risk Appetite Once Again

EUR/USD didn’t enjoy much of a lasting boost from last week’s interest rate rise as the financial sector’s worries take center stage again

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UBS Rescues Credit Suisse, Fed Increases Dollar Liquidity , Gold Hits a One-Year High

In a deal brokered by the Swiss Government, UBS has bought troubled rival Credit Suisse in a deal worth just over three billion US dollars.

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Markets Week Ahead: Dow Jones, Nasdaq 100, Gold, US Dollar, Crude Oil, Fed, Powell

The Dow Jones greatly underperformed the Nasdaq as traders flocked to tech stocks in anticipation of aggressive rate cuts from the Federal Reserve later this year after SVB’s collapse. All eyes turn to the central bank and Jerome Powell’s press conference on Wednesday.

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US Dollar Outlook Hinges on Fed’s Next Steps. Will the FOMC Hike or Pause?

The US dollar’s trading bias will be defined by the Fed’s policy outlook next week. Traders should prepare for the possibility of a dovish guidance due to rising financial instability risks.

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Gold Prices Jump as Yields Slump, Sentiment Dismal as Bank Angst Lingers

Gold prices soar, rising to the highest level since early February, boosted by falling bond yields and risk-off mood as the U.S. banking sector woes fail to dissipate.

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Rand Dollar Outlook: USD/ZAR Pauses Ahead of National Shutdown & FOMC

The South African Rand has surrendered weekly gains after fears over the US banking system ease, supporting a resilient Dollar. USD/ZAR remains uncertain ahead of FOMC.

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US Stocks Rebound after Wall Street Puts its Money Where its Mouth is

US stocks responded favorably after assurances in the banking sector were put forward by the Federal Reserve, along with a show of confidence by large US banks

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Euro Latest: EUR/USD Pushes Higher on ECB Rate Hike Commentary

The Euro is pushing higher against a range of currencies as a group of ECB policy makers observe that inflation remains too high and that the central bank will have to hike interest rates further.

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GBP/USD Price Forecast: Cable Consolidates Above the 1.21 Handle

Cable enjoyed a strong bounce yesterday helped by improving sentiment and a weaker US Dollar. Weekly high around 1.2200 may cap gains ahead of a next week's key data releases.

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Gold Price Holds the High Ground Amid Banking Turmoil. Where to for XAU/USD?

The gold price remains elevated today as the markets assess the implications of the latest rescue package for another bank in crisis mode. If the US Dollar recovers, will XAU/USD go lower?

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Gold Price Forecast: XAU/USD Slips but Retains Bullish Bias on Bank Sector Mayhem

Gold prices are trading lower on Thursday, but the precious metal maintains a bullish profile as financial market risks linked to banking sector problems have not entirely disappeared.

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ECB Delivers 50bps Hike Despite Banking Sector Woes, EURUSD Indecisive

ECB hikes rates by 50bps in a sign that price stability trumps financial stability concerns. Borrowing costs are now at the highest level since late 2008.

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USD/JPY Price Forecast: Dollar/Yen Dips as Rate Expectations Fall

USD/JPY is currently testing a key level of technical support, formed by the 50-day MA. As the safe-haven Yen rises, falling US yields have weighed on the Dollar.

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