USD/MXN Outlook: Mexico GDP Beats Forecasts But Risk Remains to the Downside

Renewed political turmoil and weakening data give USD/MXN the support needed to regain the bullish momentum.

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Euro Forecast: Outlook for EUR/USD Turning More Positive

Confidence in the Euro increased last week, with EUR/USD breaking unexpectedly higher, and that improvement in sentiment could well continue in the week ahead.

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Gold Price Weakness to Linger with RBA and BoE to Stay on Hold

The recent pullback in gold may gather pace in May as the Reserve Bank of Australia (RBA) and Bank of England (BoE) are expected to keep interest rates at a record low.

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US Dollar May Splinter vs FX Majors as Markets Ponder Recession

The US Dollar may yield mixed results against the major currencies as financial markets ponder in earnest a deep global recession courtesy of the Covid-19 outbreak.

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Australian Dollar Price Outlook: AUD/USD, AUD/JPY Reversal Underway?

AUD/USD and AUD/JPY both rebounded more than 15% from their March swing lows. Can the Australian Dollar stretch higher back? Or has a broader reversal in AUD price action already begun?

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US Dollar Drops to Key Support as S&P 500 Tanks to Start May Trade

Stocks just closed out a huge month of April, and shutdown orders have begun to be lifted. But what comes next?

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DAX 30 Price Outlook: Index Probes Trendline Support Ahead of Next Week

The DAX 30 fell toward trendline support in Friday trading as markets experienced a widespread mood of risk aversion. Can the technical level hold the German equity index afloat next week?

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Euro Forecast Post-ECB: EUR/USD, EUR/GBP, EUR/CAD, EUR/AUD

The Euro has been on an absolute tear higher since Thursday's ECB meeting revealed expanded coronavirus stimulus measures. Will the rally in EUR/USD, EUR/GBP, EUR/CAD and EUR/AUD last?

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Bitcoin (BTC) Price Rally: Supportive Higher Lows and 200-DMA Break

Bitcoin‘s recent break higher is still supported by a series of technical indicators but the cryptos volatility and a large indecision candle warrant note.

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Crude Oil Prices May Struggle to Recover as Market Mood Sours

Crude oil prices are struggling to extend a rebound from April’s shocking lows as risk appetite cools across global financial markets.

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S&P 500 Outlook: Sell in May and Go Away?

Stocks Surged in April, However, Risks Remain, Sell in May and Go Away?

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British Pound (GBP) Latest: GBP/USD Consolidates, PM Johnson Fears Second Coronavirus Outbreak

Sterling enjoyed an end of the day rally Thursday, aided by month-end portfolio rebalancing, but talk that PM Johnson fears a second COVID-19 peak may dampen any risk enthusiasm.

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Apple and Amazon Earnings Highlight Detachment from Real Economy

Apple and Amazon reported earnings Thursday afternoon, rounding out the list of the largest technology stocks in the country. Despite their strong performances, both highlighted coronavirus risks.

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Japanese Yen May Rise as CLO Market Faces Credit Downgrades

The Japanese Yen may rise if a tidal wave of credit downgrades in the virus-shaken collateralized loan obligation (CLO) and leveraged loan market put a premium on anti-risk assets.

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EUR/USD Breakout Following ECB Meeting Brings April High on the Radar

EUR/USD may continue to retrace the decline from the April high (1.1039) as the exchange rate breaks out of a narrow range following the ECB meeting.

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Dow Jones Forecast Bleak as Trump China Tariff Threat Boosts US Dollar

The Dow Jones may fall which could support the US Dollar after President Donald Trump warned of possible tariff retaliation against China for their handling of the coronavirus.

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Euro Stoxx 50, IBEX Price Forecasts: Bulls Eye Trend Higher

Bulls look to keep trend higher intact after a weak finish Thursday, despite a relatively dovish ECB.

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CAC 40 Forecast: Index Bleeds Lower Following ECB Meeting

The CAC 40 closed near its session low despite an accommodating attitude from the European Central Bank. Where is it headed next?

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Canadian Dollar Price Outlook: USD/CAD & EUR/CAD Test Support

USD/CAD and EUR/CAD price action respond to critical technical support levels as the Canadian Dollar starts to give back recent gains. Is USD/CAD, EUR/CAD and broader Canadian Dollar primed for a r...

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EUR/USD Stable as ECB Takes Further Action to Boost Eurozone Economy

The European Central Bank has left its interest rates unchanged, as expected, but increased its measures to counter the economic slump caused by Covid-19.

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