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Trading in the FX Market is more than just plotting indicators and placing an EA on a chart. Fundamentals are the catalyst and the driving force behind price moves, and if you aren’t keeping your ear to the ground, any one of a myriad of news events can seriously ruin your day. Bookmark this page to stay up-to-date on trending news and upcoming news events that affect your trading.

Forex Today: Fed drives dollar higher, gold and stocks lower, BOE, jobless claims eyed

The Federal Reserve's reluctance to signal more stimulus despite cautious forecasts is weighing on stock markets and boosting the safe-haven dollar. Weekly jobless claims and the Bank of England's decision stand out on Thursday.

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Gold aims $1980 as focus shifts to Wednesday’s FOMC

Gold (XAU/USD) built on Monday’s 1% rally after a steady start on Tuesday, reaching fresh nine-day highs at $1969. The yellow metal eyes $1980 amid weaker dollar ahead of US data and FOMC decision, FXStreet’s Dhwani Mehta informs...

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GBP/USD to surge to 1.40 by September-2021 – UBS

Economists at UBS advise to hold their nerve on UK assets despite the heightened concerns over the final stages of the Brexit process as the political and economic incentives point to an agreement eventually being reached. This outlook supports UK assets...

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Forex Today: Upbeat Chinese data boosts mood, Boris' bill passes first hurdle, Gold shines

Chinese figures beat estimates and joined coronavirus vaccine hopes in keeping the mood positive, weighing on the dollar and supporting stocks and gold. The UK's controversial bill passed the first hurdle and pressures the pound...

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Forex Week Ahead – More stimulus on the way?

The final months of the year are going to be extremely challenging for the global economy, with experts predicting another significant wave of Covid-19 which risks further restrictions around the world at the expense of businesses that are already struggling to...

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ECB's Lane: Euro's rise dampens inflation outlook

The recent appreciation of the euro exchange rate dampens the inflation outlook,” said the European Central Bank (ECB) Chief Economist Phillip Lane in a blog post just a day after the ECB left policy unchanged...

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Forex Today: King dollar holds the rein amid cautious optimism, eyes on US CPI

The US dollar consolidated Thursday’s sharp recovery, in the wake of the resurgent haven demand, courtesy of the sell-off in the US stocks. The sentiment around the dollar was also underpinned by the US Senate’s rejection of the slimmed-down Republican coronavirus relief package...

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EUR/USD Forecast: Euro set to fall? ECB expectations may be overconfident

Confidence in the recovery or coronavirus fears? That is the main question that investors are asking ahead of the European Central Bank's meeting. Wednesday's report that the ECB will express optimism about the recovery lifted the common currency, but nothing can be taken for granted...

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Forex Today: Brexit in deep crisis, vaccine hopes resurface, all eyes on the ECB

Markets are calm after a "turnaround Wednesday" which saw a rebound partially triggered by reports about optimism from the ECB, which is the main event of the day. Brexit talks are in crisis following controversial British legislation and coronavirus vaccine hopes remain robust...

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Brent Oil resumes its core bear trend

Brent Crude Oil below $41.38/32 has completed a bear “wedge”. Strategists at Credit Suisse expect the black gold to suffer further falls with a critical area identified at the recent May/June gap of $37.18/35.37...

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ECB’s Muller: A timely exit from temporary emergency measures is important

“A timely exit from temporary emergency measures as the economy improves is just as important as decisive policy action during the crisis,” said the European Central Bank (ECB) Governing Council member Madis Muller on Wednesday...

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Forex Today: Vaccine trial halt exacerbates risk off mood, Brexit, BOC, and US fiscal talks eyed

The market mood remains damp amid the sell-off in tech stocks, Brexit issues, the US fiscal impasse, and AstraZeneca's halt of its coronavirus vaccine trial. The dollar and yen are gaining ground while stocks and oil are on the back foot...

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Gold Price Analysis: XAU/USD drops further and approaches $1,900/oz

The ounce troy of the precious metal is suffering another bout of dollar strength and is gradually grinding lower to the vicinity of the $1,900 mark on turnaround Tuesday.In fact, the greenback is posting decent ...

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Bitcoin Price Update: BTC bulls ready to strike back once $11,000 is cleared

Bitcoin (BTC) attempted a recovery to the local resistance area of $10,500; however, the upside momentum proved to be unsustainable so far. At the time of writing, BTC/USD is changing hands at $10,242, down from the...

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Forex Today: Hard-Brexit fears pound the Pound, Dollar bid on US-Sino woes

The US dollar held onto the recent upside, as investors remained bearish on the euro amid dovish ECB expectations while no-deal Brexit fears battered the British currency. Meanwhile, rising US election risks and...

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EUR/USD risks deeper pullback as 1.20 peak looks far

EUR/USD is attempting a side-lined theme in the mid-1.1800s at the beginning of the week, managing to regain traction following last week’s lows in the 1.1780 region. The ECB event on Thursday could be key for the pair’s direction, FXStreet’s Pablo Piovano reports.

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Gold Price Analysis: Downside appears more compelling while below $1946 – Confluence Detector

The recovery in Gold (XAU/USD) from Friday’s sell-off lost legs, as sellers returned on Monday amid resurgent demand for the US dollar across the board...

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Forex Today: Dollar stabilizes in the NFP aftermath, Oil tumbles amid holiday-thinned trading

The US dollar steadied amid holiday-thinned market condition on Monday, as the dust settled over US Nonfarm Payroll (NFP) aftermath. The greenback saw good two-way businesses on Friday, initially rallying hard on...

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Forex Week Ahead - Trump Closing the Gap

The upcoming week is a little light on the data front but don’t expect it to be uneventful. Donald Trump is closing the gap on Joe Biden two months before the election and the race is hotting up. Meanwhile, the...

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Nonfarm Payrolls Preview: Fed’s policy shift to introduce vital noise

s time again for the US to publish its monthly employment report. The country is expected to have recovered another 1.4 million jobs in August, after adding 1.76 million in July. The unemployment rate is expected to ...

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Gold rebounds from weekly lows, turns neutral around $1945 region

Gold managed to recover the early lost ground to weekly lows and was last seen trading in the neutral territory, around the $1945 region...

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EUR/USD trims losses and regains 1.1850 post-US ISM

After bottoming out in the 1.1790/85 band during early trade, EUR/USD has managed to regain some traction and reclaim the mid-1.1800s at the time of writing...

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Fed's Williams: Policymakers seek inflation that targets 2% over time

The Federal Reserve's new policy framework makes it clear that policymakers seek inflation that targets 2% over time, New York Federal Reserve Bank President John Williams said on Wednesday...

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Bitcoin Cash Market Update: BCH fork is inevitable as Bitcoin ABC team separates from the project

In recent weeks the tensions in the Bitcoin Cash have been escalating rapidly as Bitcoin ABC development team adopted Jonathan Toomim’s ASERT Difficulty Adjustment Algorithm (DAA), and integrated Infrastructure Funding Plan (IFP), which was opposed by many community members...

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Forex Today: Dollar climbs back from the abyss, ADP NFP, Fed speakers awaited

The US dollar has been paring its massive Fed-fueled losses recorded in recent days. The upbeat ISM Manufacturing PMI was one of the reasons and Wednesday's focus is the ADP Non-Farm Payrolls Fed events...

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Forex Week Ahead – Bring on the Jobs Report

This week Jerome Powell was the headline act as he outlined the future monetary policy framework of the world’s most important central bank. Next week, it’s over to the US Bureau of Labor Statistics as it releases the August jobs report. The next few jobs reports...

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Forex Week Ahead – Jackson Hole Goes Virtual

It’s been a relatively slow summer so far as we prepare for a huge run in to the end of the year. A potential multi-trillion dollar stimulus plan, Covid vaccine and fierce White House race awaits us in the final months so a few quieter summer weeks is perhaps not the end of the world. The Jackson Hole Symposium is the standout event ...

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Forex Week Ahead - The focus remains on COVID-19, the Fed and Congress

The Fed put has never been greater and that is why risky assets have rebounded sharply since the end of March. The upcoming Fed minutes could provide further insight on how the review of its monetary policy framework is progressing.

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Forex Today: Gold up, dollar down amid stalled fiscal talks, vaccine hopes, ahead of jobless claims

The US dollar remains on the back foot while gold shines, following experienced on Thursday, partially in response to hints of weak Non-Farm Payrolls. US jobless are eyed on Thursday. Hopes of a coronavirus vaccine boost markets while ongoing fiscal talks in Washington are eyed...

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Forex Week Ahead- Is the economic recovery stalling?

The main event of the week is the US July unemployment report. Job growth is expected to come in at a much slower pace, a gain of 1.52 million jobs, lower than the prior 4.8 million in June and the 2.5 million in May. Given the volatility of this release...

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Forex Today: Dollar licking its wounds, gold gives ground, ahead of the all-important Fed decision

Markets have somewhat calmed – potentially before next storm – after the massive dollar sell-off and gold's surge earlier in the week as tensions mount ahead of the Federal Reserve's decision. US coronavirus figures, slow-moving fiscal stimulus negotiations, and vaccine hopes are all in the mix...

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Forex Week Ahead – What more can the Fed do?

The risks to outlook have grown and the Fed may be ready to do more. After an unexpected rise in jobless claims and as US coronavirus cases continue to spread across the Sunbelt, concerns are growing that the economic recovery is stalling. The Fed may signal..

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Bitcoin Market Update: BTC/USD hits a pause button before another bullish assault

Bitcoin is changing hands at $9,543. The first digital asset has regained the ground above $9,500 after a short-lived dip caused by the bearish sentiments on the global markets...

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EUR/USD Price Analysis: Potential correction ahead of further gains

EUR/USD reached and receded from new 22-month highs beyond the 1.16 yardstick in past hours...

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Forex Today: China's payback weighs on markets, boosts dollar, PMIs, coronavirus figures eyed

A risk-off mood has gripped markets, mostly driven by intensifying Sino-American tensions, but also disappointing data and rising coronavirus figures. Updated disease data and PMIs from all over the world will compete with international tensions...

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GBP/USD: Technicals show bulls have the upper hand

GBP/USD is on the back foot as trades down -0.52% on the day to 1.2665 but Wednesday's 4-hour chart is showing bulls are still in the lead...

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Gold: Correction in sight after reaching nine-year highs

Gold (XAU/USD) built on the recent upsurge and refreshed nine-year highs at $1866.90 earlier on Wednesday and is now trading just below the $1860 mark. Nonetheless, rising wedge hurdle and overbought RSI on daily chart signal caution...

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Forex Today: Dollar licking its wounds, gold shines, US coronavirus cases eyed after Trump's U-turn

The US dollar is licking its wounds, precious metals are holding their massive gains while stocks are stable. Markets have been encouraged by the EU recovery accord, vaccine hopes, and progress on the US fiscal stimulus. Updated COVID-19 statistics and US politics are of interest...

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Gold jumps to fresh multi-year tops, beyond $1820 level

Gold continued scaling higher for the third consecutive session on Tuesday and spiked to fresh multi-year tops, around the $1823-24 region in the last hour...

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Forex Today: EUR/USD sells the fact, Gold looking strong, Trump's coronavirus briefs make comeback

Markets are moderately higher after a positive day on Monday, encouraged by EU leaders' agreement on a recovery fund and no new records in US coronavirus cases. President Donald Trump returns to the stump and several economic figures are of interest...

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Bitcoin Market Update: BTC fails to live up to the status of digital gold

Bitcoin (BTC) resumed the decline during European hours and tested $9,133. While the critical support of $9,000 remains unbroken, the first digital coin is moving within a strong bearish trend amid shrinking volatility...

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S&P 500 Futures Price Analysis: Bears retain control after rejection at falling trendline resistance

S&P 500 futures, the risk barometer, post small losses in mid-Europe, as the recovery momentum fizzled out amid looming risks from the continued spread of the coronavirus globally...

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Forex Today: EU leaders can’t reach an agreement on the EU rescue fund

The American dollar retains its weakness amid concerns related to surging coronavirus cases in the US. Despite the government refuses to return to strict lockdowns, concerns are on the long-lasting effects on the economy, as unemployment levels remain stubbornly high, while consumer confidence shrunk again in July...

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Forex Week Ahead – Focus remains on Virus Spread, Fiscal Stimulus, Rebounding data, and Earnings

Earnings season will also be closely watched as corporate America will likely need to downgrade their outlook and as the risk for job cuts grow. The recovery was not as quick and strong as hoped and businesses may be forced to shrink their labor force...

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EUR/USD continues to look at the 1.1495 March high

“EUR/USD slid back below the June peak at 1.1422, having briefly risen to 1.1452 earlier this week. Despite this the cross still has the March high at 1.1495 in its sights. It represents quite formidable resistance which we would expect to cap at first.”

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AUD/USD to remain resilient in the near-term

AUD/USD remains resilient, rounding out the week just below 0.70, despite second wave virus concerns in the US and Australia – raising doubts about recovery momentum – and the ongoing breakdown in US-China relations, per Westpac....

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Forex Today: Dollar dominates ahead of EU Summit, updated look at the US consumer amid rising cases

The US dollar has been consolidating its gains following a retreat of US stocks amid mixed US data, rising coronavirus cases, and as the ECB left rates unchanged. The crucial EU Summit and US consumer sentiment figures are eyed as the week draws to an end. ..

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Gold probes multi-day lows around $1,790/oz

Prices of the ounce troy of the precious metal are fading Monday’s uptick and are resuming the downside in sub-$1,800 levels on turnaround Tuesday.Gold looks to risk trends, pandemic...

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EUR/USD Price Analysis: A test of 1.1420 appears closer

EUR/USD is prolonging the rebound from Friday’s lows near 1.1250, managing well to retake last week’s tops in the 1.1370/80 band...

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Forex Today: US dollar seizes control as risk aversion returns, a busy docket ahead

Broad US dollar strength extended into Asia, as risk-averse market conditions persisted amid intensifying coronavirus fears and US-China tensions. The Asian equities followed the late sell-off on Wall Street while the US stock futures struggled with its recovery...

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Gold to stay above $1800 fueled by lower real rates

Gold is trading above $1,800 per ounce and strategists at TD Securities expect the yellow metal to stay above the mentioned level or even higher fueled by lower real rates...

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ECB expected to keep rates unchanged

Economist at UOB Group does not see the ECB modifying its monetary policy at this week’s event...

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Forex Today: Vaccine, earnings optimism downs the dollar; eyes on COVID-19 stats, BOE’s Bailey

The risk-on sentiment emerged as the main market driver starting out the week, amid a quiet Asian affair, in the absence of relevant macro news.US dollar remained on the back foot amid the upbeat market mood, as the coronavirus vaccine optimism...

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Forex Week Ahead – Bring on Earnings Season

Next week sees earnings season get underway in the US, with the major banks all reporting on the second quarter and offering insight – if they have any – into the rest of the year. Understandably, US corporates were a little shy on the guidance ..

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Crude Oil Futures: Upside looks limited

CME Group’s flash figures for Crude Oil futures markets noted open interest shrunk for yet another session on Tuesday, now by around 2.7K contracts. Volume followed suit and went down by nearly 265K contracts offsetting the previous build...

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ECB’s Lagarde: Economic recovery would be constrained, uncertain and fragmented

In an interview with the Financial Times (FT), the European Central Bank (ECB) President Christine Lagarde caste her doubts on the Euro area economy despite the central bank’s effective measures...

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Forex Today: Gold eyeing $1,800, dollar mixed, as coronavirus, Hong Kong peg move markets

Markets are looking for a new direction after stocks retreated and the dollar gained some ground on Tuesday. Concerns about coronavirus cases in the US and geopolitical tensions are in play...

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Gold Price Analysis: Holds steady above $1775 level, bullish bias remains

Gold reversed an early dip to the $1770 area and turned positive for the day, albeit lacked any strong follow-through and remained below the $1780 horizontal resistance. The emergence of some...

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BOJ to project economic recovery in report next week – Reuters

Citing four sources familiar with the Bank of Japan (BOJ) thinking, Reuters reported that the Japanese central bank is likely to maintain its view that the economy will gradually recover later this year from the coronavirus pandemic impact...

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Forex Today: Chinese optimism downs dollar as investors ignore US coronavirus, data eyed

Markets are optimistic after Chinese media is bullish about the recovery and the stock market. The rise in Asian stocks is carrying S&P futures up and weighing on the safe-haven dollar and yen. Coronavirus continues increasing at a worrying pace and US data is awaited...

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Forex Week Ahead – Economic Reopening Continues

Most of the attention in the US will remain around the spread of the coronavirus across the Sunbelt and whether more states are forced to reverse prior reopening actions. Economic data won’t matter much except for weekly jobless claims. The US is still seeing ...

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Forex Today: Stocks' strength, dollar downing face Non-Farm Payrolls test as Trump endorses masks

Stocks are bid and the dollar is down amid new hopes for a coronavirus vaccine and mixed data leading to Thursday's all-important Non-Farm Payrolls. Investors are shrugging off record US infections and re-closing in several states...

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BoE's Haskel: Activity appears to be coming back faster than anticipated

The Bank of England's (BoE) current stance of monetary policy is appropriate but, on balance, risks are to the downside, BoE policymaker Jonathan Haskel said on Wednesday.

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Forex Today: Gold shines, markets look for direction after a successful Q2, ahead of busy start to Q3

Markets are mixed after closing the second quarter with the strongest rise since 1998. Upbeat Chinese PMIs are outweighing coronavirus concerns. A busy day features the top-tier US hints toward the Non-Farm Payrolls, the Fed minutes, and more...

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Gold eases below $1770 level, downside seems limited

Gold struggled to capitalise on its early uptick back closer to multi-year tops and was last seen trading near daily lows, just below the $1770 region...

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EUR/USD: Europe fights coronavirus and stuns the dollar

EUR/USD has been advancing as investors shrug off rising US coronavirus cases. There are several topics such as inflation figures or the negotiation about the EU Fund moving the pair, yet coronavirus is by far the most significant one, FXStreet’s analyst briefs...

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Forex Today: Markets attempt to shrug off grim coronavirus developments

Markets are attempting to shrug off growing concerns about the spread of coronavirus, especially in the US. Robust Chinese industrial profits and hopes for a vaccine are providing some balance. Several economic figures are due out at the beginning of a busy week...

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Forex Week Ahead – Jitters Continue into Busy Week

The Fed releases the Minutes to their last policy decision and may start to show some signs they are worried about inflation. Policymakers will likely reiterate they are flying blind given the uncertainty about the course of COVID-19 and will likely...

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US Dollar Index clings to gains near 97.50 ahead of data

The greenback, when gauged by the US Dollar Index (DXY), is extending the upside momentum to the 97.50 region at the end of the week.US Dollar Index targets the 97.90 area...

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ECB’s Lagarde: Economic recovery will be a complicated matter

European Central Bank (ECB) President Christine Lagarde, while presenting at an Online Summit organised by the European Business Leaders' Convention, said that we probably have passed the lowest point of the crisis...

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Gold sticks to the positive outlook

Strategists at UOB Group’s Quarterly Global Outlook noted the precious metal could advance to the key $1,800 mark per ounce in early 2021...

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EUR/USD Price Analysis: Focus now shifted to 1.1170

EUR/USD is down for the second session in a row in the second half of the week, accelerating the move from earlier tops in the mid-1.1300s...

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Forex Today: Dollar dominates, gold shines as coronavirus rages in the US, triple data release eyed

The market mood is sour as COVID-19 statistics in the American south continue rising at an alarming rate. The dollar and gold are shining stocks and other currencies are down. A triple release of US economic figures and coronavirus data are eyed...

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EUR/USD Price Analysis: Rising bets for a test of 1.1400 and beyond

The recovery in EUR/USD from the 1.1170 region seems to have met an important resistance at so far weekly peaks near 1.1350 on Tuesday...

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EUR/USD recedes from tops above 1.1300

The optimism around the single currency remains unbated so far in the first half of the week, with EUR/USD briefly surpassing the 1.1300 mark although losing some impetus soon afterwards...

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Gold: Falling US Real Yields fuels bull trend towards new highs at $1921 – Credit Suisse

Strategists at Credit Suisse look for 10yr US Real Yields to break lower from their sideways range to reinforce the break higher and resumption of the core bull trend in gold for an eventual move to new record highs above $1921...

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Forex Today: Risk rides the Navarro rollercoaster, Eurozone/ UK PMIs, virus stats in focus

The US dollar showed some signs of life amid a wild Asian ride this Tuesday, as the risk sentiment swung dramatically on the US-China trade deal mix-up. The market mood turned upbeat once again after...

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BoE is seen increasing further the size of QE – UOB

“As expected, the Bank of England (BOE) announced, at its June meeting, a boost to its quantitiave easing (QE) programme by GBP100bn. The additional bond purchases will take the total value of the Asset Purchase Facility (APF) to GBP745bn.”..

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Forex Today: Risk-recovery back in play, US dollar recedes with second-wave virus fears

The US dollar reversed a part of last week’s gains after starting out the week on the front foot, as the risk-recovery mode returned in Asia. Beijing reported fewer new coronavirus cases and helped lift the market mood...

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Forex Week Ahead – Markets play tug-of-war with Covid-19 concerns and reopening momentum

US governors are trying to carefully navigate reopening plans to salvage as many businesses as possible, while several states continue to struggle containing the coronavirus spread. New York City, once the epicenter of the...

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Forex Today: Coronavirus, weak data outweigh reopening optimism, BOE, jobless claims eyed

The market mood is somewhat pessimistic as concerns about coronavirus marginally outweigh optimism about the economic recovery. The BOE, US jobless claims, and coronavirus news are all in the mix...

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ECB's de Guindos: Better if EU aid is distributed via grants rather than loans

For countries with a weaker fiscal position like Spain, Italy and Greece, it would be better if the European Union aid is distributed via grants rather than loans, European Central Bank Vice President Luis de Guindos argued on Wednesday...

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Gold Price Analysis: XAU/USD slumps toward $1,710 on improving risk sentiment

After spending the first half of the day moving sideways above $1,720, the troy ounce of the precious metal started to weaken ahead of the American session. As of writing, the XAU/USD pair was trading at $1,714, losing 0.75% on a daily basis...

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Forex Today: Dollar up as health, geopolitics replace consumer optimism, Powell, COVID-19 data eyed

The market mood is cooling as concerns about coronavirus outbreaks in the US and China, as well as two geopolitical clashes in Asia replace optimism about a quick recovery of the US economy. US housing figures and potentially more caution from Fed Chair Powell are on the cards...

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Gold clings to modest daily gains, around $1730 area

Gold traded with modest gains through the early European session and was last seen hovering near daily tops, around the $1730 region.The precious metal gained some positive traction on Tuesday and built on the previous day's intraday bounce from multi-day lows that...

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Forex Today: Double stimulus talk downs dollar ahead of Powell's power-play, US retail sales

The market mood is "risk-on" once again, as the Federal Reserve announced buying corporate bonds and lawmakers discuss infrastructure spending. Investors shrug off coronavirus concerns ahead of the Fed Chair's testimony and all-important retail sales...

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Forex Today: Coronavirus concerns trigger dollar domination, commodity currencies climb down

Markets kick off the week on the back foot as coronavirus cases rise in the US Sun Belt, Beijing, and Tokyo. The dollar and the yen are up, while others, especially commodity currencies, are down. A high-level call on Brexit, several data points, and further COVID-19 figures are of interest. ...

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Forex Week Ahead – Market Recovery Under Threat?

Another crazy week comes and goes and thing that has really stuck with me is how normal the extraordinary suddenly seems. On Thursday, the Dow fell almost 7% and, sure, it was newsworthy but it wasn’t shocking...

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Forex Today: Houston, we have a problem, US coronavirus, Fed gloom, crash markets, consumers eyed

Markets are trying to stabilize after a massive sell-off risk-off Thursday, which saw stocks and oil crashing and the dollar surging. Fears of a second US coronavirus wave, Fed pessimism, and profit-taking are behind the move. COVID-19 figures and Consumer Sentiment are eyed...

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Euro Fails at Resistance as Federal Reserve Expands Lending Program

Ahead of the FOMC meeting on Wednesday, the Federal Reserve has announced it will be expanding its Main Street Lending Program to support small and mid-sized businesses as the local economy begins to emerge from hibernation...

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Forex Today: Can the dollar lick its wounds? Fed speculation, geopolitics, and data eyed

US stocks are taking a breather after erasing the year-to-date losses and the dollar is licking its wounds. Speculation about the Federal Reserve's decision on Wednesday, coronavirus decisions, and a mix of figures is on the agenda...

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GBP/USD: Brexit, coronavirus and protests to pressure the pound

GBP/USD has been holding onto high ground, currently trading just below the 1.27 mark. UK factors may weigh on the pound, while American developments may have a mixed impact on the dollar, according to FXStreet’s analyst...

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Gold: The beginning of the end, $1600 by Q3

Аn economist at OCBC Bank, has been repeating the selling pressure on gold would only surface towards the end of the second quarter and the US NFP has triggered such a move...

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Forex Today: Dollar looking for a new direction after the excellent Non-Farm Payrolls, Lagarde eyed

The market mood is mixed on as a new week begins. Investors are looking for a new direction after Friday's rally, fueled by the Non-Farm Payrolls. The US gained 2.5 million jobs, defying estimates for a loss of positions...

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Forex Week Ahead – The Recovery Continues

The latest employment report had every economist scratching their head. The stunning 2.51 million jobs created in May is leading many investors to become even more optimistic that the underlying economy is improving. The worst might be behind us but risks remain to the outlook...

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EUR/USD: 1.1333 initial target reached, aims 1.1495 March peak – Commerzbank

EUR/USD broke the 1.1240 December peak and met the 1.1333 initial target. The pair now points to the 1.1495 March high.

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Crude Oil Futures: Cautiously positive

Traders scaled back their open interest positions in crude oil futures markets by almost 9K contracts on Thursday according to preliminary figures from CME Group. In the same line, volume shrunk markedly by around 352.8K contracts...

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Forex Today: Risk-on mood continues downing the dollar and yen, will Non-Farm Payrolls change that?

US markets are off the highs but the safe-haven dollar and yen remain on the back foot against all currencies, with EUR/USD getting a boost from the ECB and OPEC+ hopes behind an oomph to the loonie. All eyes are on the US Non-Farm Payrolls, which is set to show a smaller loss of jobs...

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Breaking: ECB leaves key rates unchanged, expands PEPP by €600 billion

At its monetary policy meeting held on June 4th, the Governing Council of the European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively, as expected...

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ECB press conference: Lagarde speech live stream – June 4

Lagarde speech live stream

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