EUR/USD Confronts Trendline Resistance, Threatens Breakout After Hot German CPI

EUR/USD rallies and threatens to break above a key technical resistance after hotter-than-expected German inflation data boosts European bond yields

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USD Breaking News: Final US (Q4) GDP Revised Lower but Data Remains Robust

US GDP drops quarter-on-quarter, but fundamental data remains robust despite rising interest rates and the recent banking turmoil. USD dips lower

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DAX 40 Price Forecast: European Stocks Soar Ahead of German Inflation

Equities have continued to rally in today’s session, allowing the German Dax to break through key technical levels ahead of important inflation data.

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Gold Prices Stick To Uptrend As Market Mulls US Rate Path

Gold continues to benefit from the view that US borrowing costs are near their peak

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Crude Oil Prices Fall on Soft Fed Energy Report, Eyes on US Jobless Claims Next

Crude oil prices fell after a disappointing energy survey from the Federal Reserve. Over the remaining 24 hours, WTI remains vulnerable to a nasty surprise in US jobless claims.

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Japanese Yen Slips as US Dollar Recovers Along with Risk Assets. Where to for USD/JPY?

The Japanese Yen ran lower going into Thursday with fiscal year-end approaching and a generally buoyant mood for markets with banking issues subsiding for now. Will USD/JPY go higher?

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S&P 500 Attacks Trendline Resistance as Bulls Assert Control. Breakout Looming?

S&P 500 rallies and challenges a key technical resistance as market sentiment continues to improve amid easing concerns around the health of the U.S. banking sector.

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S&P 500, Nasdaq Set to Open Higher Upon an Improved Outlook

Markets appear satisfied, for now, that banking concerns have eased, making room for improved risk appetite. S&P 500 and the Nasdaq 100 are expected to open higher

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USD/JPY Moves Higher as the Japanese Yen Sheds its Risk Premium

USD/JPY is back above 132.00 for the first time in a week as bank contagion fears recede. Comments from Bank of Japan (BoJ) deputy governor Shinichi Uchida however may boost the Yen’s longer-term attraction

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EUR/USD Hands Back Some Gains, German CPI Data In Focus

A quiet European session for economic cues has seen the single currency slip back a little, but there’s plenty of trading life left in this week

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Oil Gains on Supply Disruption Risks but Headwinds Loom, Key Levels to Watch

Oil prices rise to their best level in two weeks on supply disruptions in the Middle East, but the technical outlook suggests that the recent rally may be short-lived.

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US Consumer Confidence Rebounds Unexpectedly, but Fails to Boost US dollar

The U.S. dollar retains a negative bias despite better-than-expected consumer confidence data, as traders remain focused on the U.S. banking sector woes and the possibility of a Fed pivot later this year.

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Gold Price Losing its Safe-Haven Shine, US Bond Yields Move Higher

Gold is losing some of its safe-haven premium as the recent banking turmoil continues to calm down. Risk may be back on the table but for how long?

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GBPUSD Gains Again, BoE Bailey Says Inflation Fight Comes First

The British Pound Continued its run as the BoE Governor said banking worries won’t stop rate rises

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EUR/USD Price Forecast: US and EU Banking Supervisors Provide Updates

With a sizeable downshift in high importance data this week, markets are left to assess respective rate differentials and comments from banking supervisors

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AUD/USD Rises on Positive Retail Sales Data, CPI Ahead

AUDUSD rallied into key resistance around the 0.6700 level. Will we see a break higher with momentum or are we in for another rejection?

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US Dollar (DXY) Subdued, Banks Gain, US Treasury Yields Move Higher

The US dollar is unchanged to start the US session after US bank First Citizen steps in to buy failed lender Silicon Valley Bank

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Crude Oil Outlook: Oil Prices Bounce off Support as Bank Jitters Ease

Crude oil has extended last week’s gains, pushing prices toward technical resistance. As bank jitters ease, oil has received a positive boost in sentiment.

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British Pound Latest: GBP/USD Squeezes Higher as Risk Sentiment Improves

A range of asset classes open the week with a mild risk-on bid after a takeover of failed lender SVB boosts market sentiment

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USD/JPY Bounce Looks Corrective, Lacks News Backing

The US Dollar made modest gains on the Japanese Yen but the Charts don’t look great for Dollar Bulls

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