Gold Price Latest - $2,000/oz. Support Stands Firm as US Inflation Reports Near

Gold traded all the way back down to $2,000/oz. on Friday after the latest US Jobs Report but bounced back quickly and is eyeing notable resistance around $2,050/oz.

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GBP/USD Price Forecast: Anticipation Builds Around BoE Announcement

GBP/USD lingers near yearly swing highs but today’s Halifax house price index has dampened recent upside ahead of US CPI and the Bank of England (BoE).

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Crude Oil Maintains the Gains as Markets Await US CPI. Will WTI go Higher?

The crude oil price has stabilised so far on Tuesday after recovering from last week’s rout as soft Chinese data left markets pondering ahead of tomorrow’s US CPI. Where to for WTI?

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Japanese Yen Price Action Setups: EUR/JPY, USD/JPY, AUD/JPY

Yen retreats as safe haven appeal dissipates at the start of the week. The Yen to come under renewed selling pressure?

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EUR/USD Price Forecast: Euro Bulls Fight Exhaustion Below the 1.1100 Level

EURUSD holds above the psychological 1.1000 mark as bulls appear exhausted. Will 1.1100 remain out of reach as US CPI lies Ahead?

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AUD/USD Price Forecast: Commodity Prices Reinforce Aussie While USD Slips

AUD/USD prices are up roughly 0.5% looking for its 6th consecutive green close as the pair prepares for a stacked economic data filled week.

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XAU/USD Forecast: Gold Prices Delay Ahead of US CPI

Gold prices trade marginally stronger this morning but with high impact data scheduled later in the week, XAU/USD is likely to remain subdued until then.

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US Dollar Treads Water Post Jobs and Ahead of CPI. Where to for the DXY Index?

The US Dollar dipped today as markets reassess risk appetite after strong US jobs data on Friday might indicate a more robust economy than previously thought. Will USD recover?

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Crude Oil Price Steadies After Tumultuous Week. Where to for WTI?

Crude oil prices consolidated into the week as markets take stock of the macroeconomic environment and OPEC+ continues to be on traders’ minds. Will WTI recover further?

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Markets Week Ahead: S&P 500, Gold, US Dollar, Oil, BOE, US CPI, China Inflation

Key focus in the coming week is on US CPI data, the Bank of England interest rate decision, and China inflation and new yuan loans data. Also, 32 S&P 500 companies are scheduled to report results for the first quarter.

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Crude Oil Weekly Forecast: Oil Eyeing Further Recovery as Recession and Demand Fears Persist

Oil prices recovered aggressively from multi-month lows as WTI closed the week above the $70 a barrel mark. Technicals hint at a deeper recovery but market sentiment remains fragile.

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British Pound Week Ahead: GBP/USD Stumbles, EUR/GBP Tests Support, BoE on Tap

The Bank of England will announce its latest monetary policy decision next Thursday with a 25bp Bank rate hike already fully priced-in. What Governor Bailey says post-decision will be key.

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Euro Fatiguing Heading Into an Inflation Filled Week?

EUR/USD looks to be prepping for a key technical breakout that could be catalyzed by upcoming US and German inflation data.

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S&P 500, Nasdaq Weekly Outlook: Banking Sector Stress Takes Center Stage

US equities have struggled to clear past their recent highs even as the US Federal Reserve hinted at a pause in the hiking cycle. As the earnings season draws to a close, banking sector concerns appear to be taking center stage, posing a risk to the multi-week uptrend.

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April Jobs Report: NFP Rises by 253k as Unemployment Falls and Average Hourly Earnings Rise

US Jobs numbers surge higher as average hourly earnings adds to inflationary concerns. Unemployment matches January print, a 50-year low.

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Swiss Franc Price Outlook: Banking Woes Support CHF Bid

The Swiss Franc has been one of the top performers against the dollar as its safe-haven allure provides shelter from the recent banking and economic uncertainty

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US Dollar (DXY) Struggles Continue as the Latest US Jobs Report (NFP) Nears

If current market pricing is to be believed, US interest rates will be 175 basis points lower this time next year, and that will hit the dollar hard. Next up, US NFPs.

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GBP/USD Price Forecast: Fresh Yearly Highs for Pound Ahead of NFP

GBP/USD extends its recent upside now hitting new 2023 highs but with NFP around the corner, will we see a continuation or pullback?

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USD/CAD Price Forecast: Loonie Bid on Upbeat Canadian Balance of Trade Data

CAD is gaining ground on the US dollar but high impact economic data tomorrow will be in focus possibly resulting in a bull pennant break on USD/CAD daily chart.

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ECB Delivers 25bps Hike Leaving the Door Open for Further Hikes, EUR/USD Slides

ECB hikes rates by 25bps while pledging that future decisions will make rates sufficiently restrictive. EURUSD heading toward the 1.1000 level

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