Monday, 6 July 2020

S&P 500 Rallies as Key Insiders Dump Stock, Traders Add Shorts

The S&P 500 index may continue pacing higher as traders shift into an increasingly net-short position, but corporate insider activity flash worrying signals for broader market trends.

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GBP/USD, EUR/GBP and FTSE 100 Latest Outlooks - UK Market Webinar

Sterling is treading water with a very mild upside bias, especially against a weaker US dollar. EU/UK trade talks continue and on Wednesday Chancellor Sunak announces a summer budget update.

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Australian Dollar Forecast: Will the RBA Talk About AUD/USD?

Australian Dollar continues to track risk sentiment higher, despite the rising concerns over a second wave of COVID cases

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British Pound (GBP) Latest: GBP/USD Uplift Driven by US Dollar Weakness

The latest bout of US dollar weakness has helped to push GBP/USD a touch higher but commentary from this week’s EU/UK trade talks will soon become the main driver of the pair.

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Euro Charts Hint at Rise, EU Stoxx 50 at Risk Amid Stimulus Talks

EUR/GBP, EUR/NZD poised to move higher whilst stimulus talks hamper the EU Stoxx 50 Index’s three-month rally.

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Sunday, 5 July 2020

Gold Prices Down, Not Out as China Cheerleads Stock Markets

Gold prices edged lower as China talked up stock markets and pushed bond yields higher, but a weaker US Dollar limited the anti-fiat metal’s losses.

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USD/CAD Rate Outlook Mired by Failed Attempt to Test June High

USD/CAD appears to have reversed course amid the failed attempt to test the June high (1.3801), with the exchange rate carving a series of lower highs and lows in July.

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NZD/USD Rate Approaches June High while Net-Short Interest Jumps

NZD/USD approaches the June high (0.6585), with the appreciation in the exchange rate fueling a jump in net-short positions according to the IG Sentiment report.

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Hang Seng Index Breaks 25,000 as China A50 Tests a Key Resistance

The Hang Seng Index has broken resistance at 25,000 with increased volume, with south-bound flow a big driver. The China A50 stock index is testing major resistance.

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ASX 200, AUD/JPY Outlook Dictated By COVID-19 Lockdown Measures

The ASX 200 and AUD/JPY at risk of a correction as cases of Covid-19 continue to climb in Australia’s second most populous state, Victoria.

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XAU/USD Outlook Bearish For Q3 on Financial Risks, Covid-19 Pandemic

Gold prices may surrender to the US Dollar if another wave of the coronavirus hammers global growth prospects and destabilizes the fragile corporate debt market.

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Australian Dollar Fundamental Forecast for Q3 2020

A shift in the RBA’s forward guidance should heighten the appeal of the Australian Dollar if the central bank prepares to remove the yield target later this year.

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Dow Jones: A True Cross Section of American Industry?

If you ask a financial analyst or expert trader how to get a picture of where the global economy is currently headed, they will likely tell you to consult the Dow Jones Industrial Average. The seco...

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How AUD & NZD Exchange Rates Are Impacted by China’s Economy



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How China-ASEAN Relations Impact SGD, IDR, MYR, PHP

Learn about the ASEAN-China relationship and how to trade ASEAN currencies like the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using the Core-Perimeter model.

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Saturday, 4 July 2020

Sterling (GBP) Remains On Edge as EU/UK Trade Talks Continue

This week’s face-to-face trade talks between the EU and the UK have so far produced little in the way of any news. Sterling’s fate remains in the hands of the two negotiators.

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Mexican Peso Outlook at the Mercy of US Economic Trends

Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN.

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How to Trade the Euro, NOK and SEK Using the Core-Perimeter Model

A macro forex trading guide exploring how to trade the Euro vs the Swedish Krona and Norwegian Krone through the prism of the Core-Perimeter model

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Euro Forecast: Outlook for EUR/USD Negative Longer Term

The European Council President is expected this coming week to propose a marginally smaller seven-year EU budget but wrangling between EU countries will likely continue, leading to a weaker Euro in...

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Canadian Dollar Trading: US Economic Growth Takes Center Stage

A macro forex trading guide exploring the US-Canada relationship and how to trade the Canadian Dollar through the prism of the Core-Perimeter model.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...