AUD/USD Price Forecast: RBA Governor Lowe Unable to Deter Falling Aussie Dollar

The Australian dollar remains on offer despite the RBA’s Governor Lowe stating that they are leaving the door open to further rate hikes. AUD/USD bears eye 0.67.

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Gold Price Glistens as the US Dollar and Treasury Yield Slide. Where to for XAU/USD?

The gold price made new highs today after the US Dollar and Treasury yields descended on soft data, while crude oil maintained the high ground. Will XAU/USD keep rallying?

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New Zealand Dollar Soars as RBNZ Surprises with a More Aggressive Hike, Where to?

The New Zealand Dollar shot higher after the Reserve Bank of New Zealand unexpectedly hiked rates to 5.25% from 4.75%, markets were looking for 5%. Where to for NZD/USD?

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S&P 500 Stalls at Trendline Resistance as Sentiment Sours. Where Next for Stocks?

S&P 500 turns lower after failing to clear trendline resistance at 4,140, a sign that bullish momentum may be vanishing just as sentiment begins to sour again.

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Euro Price Forecast: EUR/USD 1.09 Handle About to Break?

EUR/USD continues its battle with the 1.09 level which may be pierced in due course ahead of a US data filled week.

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Australian Dollar Dips After RBA Leave Rates Unchanged. Will AUD/USD Top Out?

The Australian Dollar gave up some ground with the RBA keeping the cash rate at 3.60% but not ruling out further tightening down the track. Is a pause enough to push AUD/USD lower?

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Crude Oil Price Steady After Stunning Run Higher on OPEC+ News. Where to for WTI?

Crude oil prices are enjoying the view from new heights after an astonishing leap to start the week on the back of OPEC+ cutting their production targets. Will WTI recover further?

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US Dollar Slide Fast Approaching Pivotal Support Zone After ISM Manufacturing Miss

The US Dollar continued its slide, with disappointing ISM Manufacturing amplifying its selloff. This means the DXY Dollar Index is quickly approaching a pivotal area of support.

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Canadian Dollar Outlook: USD/CAD Breaks Down as Oil Soars, Trendline Support at Risk

USD/CAD breaks below the psychological 1.3500 level on Monday and falls towards trendline support at 1.3420, the next important technical floor to watch in the near term.

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GBP/USD Defies Confluence Resistance, EUR/USD at Brink of Major Bullish Breakout

GBP/USD and EUR/USD rally at the start of the week, supported by broad-based U.S. dollar weakness, with both pairs advancing towards key technical resistance levels at the time of writing.

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US Dollar (DXY) Pares Opening Gains After Rate Hike Expectations Move Higher

The US dollar is giving back all this morning’s opening gains after this weekend’s OPEC+ output cut gave rate hike expectations a push higher.

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EUR/USD Recovers Above the 1.0800 Handle as Sentiment Improves

EURUSD has rallied some 70-odd pips from its Asian session lows as the 1.0800 level remains pivotal. Where to next for EURUSD?

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USD/CAD Price Forecast: Cyclical Canadian Dollar Pauses at Key Technical Level

USD/CAD teeters on the edge of a major support zone that if broken could see the loonie tumble. A big fundamental week lies ahead that could lead to such a move for CAD.

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Gold Price Dips as US Dollar Firms While Crude Oil Soars. Where to for XAU/USD?

The gold price slipped today with the US Dollar tracking higher along with Treasury yields due to inflation fears reigniting after OPEC+ cut oil production targets. Lower XAU/USD?

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Crude Oil Price Gaps Higher on OPEC+ Output Cut Compounding Supply Issues. Higher WTI?

Crude oil prices leapt higher to start the week after an unorthodox announcement from OPEC+ to cut output, stoking concerns of a surge in inflation. Will WTI hold the gains?

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Markets Q2 Outlook: US Dollar, Gold, Oil, Dow, Euro, Yen, Sterling, AUD, BTC

The collapse of Silicon Valley Bank has so far seen markets squarely focus on the upside of dovish central banks as the first quarter ended. Will markets continue having it easy in the second?

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US Dollar Q2 Technical Forecast: Sellers Take Hold of Steering Wheel

The U.S. dollar heads into the second quarter with a negative bias, challenging a key technical support and at risk of a significant breakdown that could put the February lows in play.

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WTI Technical Forecast: Long-Term Downtrend Remains but Signs of Fatigue Appear

Q1 unfolded with price action oscillating between key levels. Q2 shows potential for a continuation of the long-term downtrend but signs of fatigue are showing

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Euro Q2 Fundamental Forecast: Recovery May Continue but Upside Will Be Limited

EUR/USD has the potential to keep strengthening during the second quarter of 2023, but its upside will be limited considering the current macro and financial backdrop.

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Japanese Yen Q2 Technical Forecast: Yen Looks Set for Gains in Q2

The Yen has displayed resilience in the final month of Q1 as recent price action hints at Yen strength in the months ahead.

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