Crude Oil Price Forecast: Boosted by Weaker USD, Falling Stockpiles

WTI crude oil prices climbed on stimulus hopes and a bigger-than-expected fall in DOE stockpiles. An immediate resistance level can be found at US$ 40.4 – the 100-Day SMA

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AUD/USD Rebound to Gather Pace as RSI Shows Bearish Momentum Abating

AUD/USD extends the rebound from the September low (0.7006) as the RSI appears to be on the cusp of snapping the downward trend carried over from the previous month.

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Copper Price Eyes 2020 High as China Data Indicates Robust Recovery

Copper may continue to climb higher in the final quarter of 2020, as soaring Chinese demand and rebounding global manufacturing activity underpins the ductile metal.

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ASX 200 Follows Wall Street's Post-Debate Rally, Tokyo Delays Open

Asia-Pacific stocks may follow positive leads from the US markets. Sentiment was lifted by stimulus hopes and a better-than-expected ADP jobs report.

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Will Trade Wars Persist After the US Election?

What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?

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EUR/USD Bullish Price Sequence Pushes RSI Towards Trendline Resistance

The Relative Strength Index (RSI) may offer a bullish signal for EUR/USD as it reverses ahead of oversold territory and approaches trendline resistance.

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S&P 500 Near Key Resistance After First US Presidential Debate. Who Won?

The S&P 500 is trading near key resistance following the first US presidential debate. Subsequent polling data showed one candidate significantly outperformed his counterpart.

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Canadian Dollar Forecast: CAD/JPY Hovers Over Major Support

The Canadian Dollar has weakened alongside equity markets in September, sending CAD/JPY to test major support. With the market tip-toeing between risk appetite and aversion, where is the pair headed?

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Dow Jones, Nasdaq 100, S&P 500 Forecast for the Month Ahead

US equity markets concluded an expectedly volatile month of September with notable losses as investors juggled stimulus hopes with continued covid outbreaks and election uncertainty. What’s next?

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US Dollar: Ready to Rumble with High-Impact Data - EURUSD, AUDUSD

We're now in the final hours of Q3 and the rest of this week brings a plethora of high-impact data points out of the US.

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Will Trade Wars Persist After the US Election?

What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?

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Rand Report: Why “Lower” Unemployment May Hurt the Rand, USD/ZAR

Stats SA have released the unemployment figures for Q2 showing a decrease in unemployment at a time when the local economy contracted 51%, on an annual basis, in the same period

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EUR/USD Price Remains Under Pressure on Lowly Inflation Expectations

The European Central Bank will need to act further if growth remains low and inflation subdued, President Christine Lagarde suggested earlier today, weighing on the single currency.

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Canadian Dollar Forecast: Key USD/CAD Levels to Watch

In the very short term, price action in USD/CAD is likely to be distorted by month-end flows

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British Pound (GBP) Latest: GBP/USD Easing After Debate, UK GDP, House Prices

GBP/USD is slipping lower after the US Presidential debate led to a modest ‘risk-off’ tone in the markets. UK second-quarter GDP has been revised higher and UK house prices have risen again.

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Nasdaq 100 Reacts to Key Resistance as Market Awaits Fiscal Stimulus

The Nasdaq 100 index’s rebound from the monthly low seems to be running out of steam as the prolonged wait for much-needed fiscal aid saps investors' sentiment.

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Gold, Silver Price Analysis: Weighed by Stronger US Dollar Post-Debate

Gold and silver prices paused a 3-day rally as US Dollar rose after the first US presidential election debate. Key support levels can be found at US$ 1,875 and US$ 22.90 respectively.

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USD/CAD Outlook: August High Still on Radar as RSI Tracks Upward Trend

The August high (1.3451) remains on the radar for USD/CAD as the RSI tracks the upward trend established in September and approaches overbought territory.

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USD Unfazed While SPX Set to Open Higher Following Presidential Debate

The US Dollar held firm while S&P 500 futures nudged marginally higher after the first presidential debate of the US 2020 elections took centerstage.

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Dow Jones Eyes First US Election Debate, Hang Seng Index May Rebound

The Dow Jones Industrial Average was in a cautious mode ahead of the first US presidential election debate. The Hang Seng Index may enjoy a relief rebound after Evergrande stroke a debt deal.

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