Crude Oil Catapults to New Highs While the US Dollar Steadies Ahead of CPI. Higher WTI?

Crude oil prices broke above resistance yesterday and has held the high ground today as markets eye US CPI figures due later. If it’s an outlier, volatility could kick off.

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High Real Yields Starting to Bite Gold? XAU/USD Price Setup Ahead of US CPI

Higher real rates could be starting to finally weigh on gold prices. What is the outlook for XAU/USD and what are the key levels to watch?

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Lead-up to US CPI Release Keeps Sentiments in Check: US dollar, Hang Seng Index, Brent Crude

Wall Street continued its decline for the second straight day, as market participants de-risk in the lead-up to the upcoming US CPI release.

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Oil Testing Fresh Multi-Month Highs, EIA Crude Oil Data

The price of oil is touching fresh multi-month highs as markets continue to price in a soft landing in the US.

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Euro Outlook Improves on Bank Tax Clarity: EUR/USD, EUR/JPY, EUR/AUD

Euro assets are responding well this morning after Italian authorities clarified that yesterday’s windfall tax on banks will not amount to more than 0.1% of total bank assets

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FTSE 100, Dax and Dow Move Higher in Early Trading

Indices staged a recovery yesterday, with some cautious gains seen in indices this morning.

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British Pound (GBP) Latest: EUR/GBP and GBP/NZD Outlooks

EUR/GBP remains rangebound while GBP/NZD continues to push higher as traders wait for Friday’s UK GDP data

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Australian Dollar Finds Footing Despite Evolving China Concerns. Is AUD/USD Range Bound?

The Australian Dollar eked out a small gain today against a backdrop of underwhelming China data and ongoing concerns for global growth. If markets kick off again, will AUD/USD test lower?

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US Dollar Climbs as Risks Swirl and Sterling Struggles for Traction. Lower GBP/USD?

The US Dollar ascendency got back on track in the last few sessions as traders and investors sought safety in bonds with risk assets coming under pressure. Will GBP/USD break lower?

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​Nasdaq 100 and CAC40 Struggle to Move Higher, Hang Seng Falls Again After Weak China Data

Poor Chinese trade data has hit the Hang Seng hard, while in Europe and the US indices are struggling to extend Monday’s bounce into a second session.

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AUD Price Forecast: Aussie Hit by China Trade Data

AUD prices dwindle as China’s economic activity shows further signs of slowing.

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Euro Stalls with the US Dollar Gaining on Higher Treasury Yields. Lower EUR/USD?

The Euro backed away from trend line resistance with the US Dollar regaining some ascendency after Fed speakers repeated their tight policy mantra. Where to for EUR/USD?

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New Zealand Dollar Ahead of US CPI; NZD/USD, AUD/NZD, EUR/NZD Price Action

NZD appears to have taken a back seat amid a deteriorating NZ economic outlook and the growing view that RBNZ is done with raising rates. What is the outlook for NZD/USD, AUD/NZD, and EUR/NZD?

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Warm Start to the Week, but Lead-Up to China’s Trade Data Brings Some Caution: S&P 500, China A50, Natural Gas

Following last Friday’s reversal, major US indices managed to hold onto their gains this time round, with the 4,500 level for the S&P 500 having to see some defending ahead.

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Crude Oil Crossroads Ahead as Markets Eye New Highs. Will WTI Overcome Resistance?

Crude oil prices have been approaching recent highs this week and a new peak might confirm the bullish trend, but a failure might see crude vulnerability unfold. Where to for WTI?

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USD/ZAR Price Forecast: Rand Suffers as Risk Sentiment Sours

ZAR prices slumped this Monday after tensions between Ukraine & Russia grew, stoking risk aversion towards risker currencies including the ZAR.

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WTI and Brent Eye a Retracement with Saudi Aramco Reporting Q2 Profits Drop

Oil prices retreat on slightly cautious start to the new week. Following a +- 16% gain in July can oil prices maintain their trajectory?

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​​​​FTSE 100, Dax and Dow Losses Stemmed for Now​​​​

Indices have tried to slow their declines, with signs of a recovery across the Dax and Dow.

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EUR/USD Price Forecast: Euro on Offer as German Industrial Production Contracts

The euro begins the week on the backfoot after the US dollar recovers and German industrial production misses forecasts.

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US Dollar Struggles to Hold Gains Ahead of CPI: EUR/USD, GBP/USD, USD/JPY Price Setups

Mixed US jobs data released on Friday points to a limited upside in the US dollar ahead of the key US inflation data due on Wednesday. What is the outlook for EUR/USD, GBP/USD, and USD/JPY?

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