Dow, S&P 500, Nasdaq 100 Finish Q1, Limp into April Trade

March was a month to remember and all signs are pointing to continued challenges in the months ahead. Buckle up.

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DAX 30 Price Outlook: Technical Traders Look to Overcome Resistance

The DAX 30 plummeted alongside other equity markets amid the recent stock market crash, with a peak-to-trough move of roughly -40%. Now, a recovery rally is looking to overcome resistance.

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Stock Market Forecast: Recession Likely Unavoidable Amid Virus Fallout

Despite unprecedented Fed liquidity and fiscal stimulus measures, economic turmoil caused by the coronavirus mounts and raises the risk of recession, which could strongarm the stock market lower.

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Consumer Confidence Dives to 2017 Lows on Covid-19, USD Gyrates

Consumer confidence data shows that Covid-19 is taking its toll on the US consumer's outlook as the index drops to the lowest level since July of 2017Consumer Confidence Sinks to Lowest Level Since...

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US Dollar Rises on Month End Flows, Fed Announces Further Liquidity Tools - US Market Open

US Dollar in Demand on Month and Quarter End Flows, Federal Reserve Announces further liquidity measures

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Market Sentiment Showing Tentative Signs of Improvement | Webinar

Trader confidence remains poor, with the US Dollar still in demand as a safe haven, but it is less weak than it has been, and risk assets are benefiting.

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US Dollar Index, EUR/USD Charts & More

The Dollar is trying to rebound at the moment; wild swings have made everything short-term, but look for that to change as a theme/trend emerges.

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US Dollar May Resume Rise Amid Global Recession Fears

The US Dollar may return to the offensive as markets flee to cash amid fears of deep global recession thanks to the still-raging coronavirus outbreak.

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EUR/USD Price Breaking Through Technical Support

EUR/USD is trading back below 1.1000 as this week’s sell-off continues. Recently released eurozone inflation data missed expecttions and leaves the ECB with a longer-term headache.

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British Pound (GBP) Latest: GBP/USD Easing, FTSE 100 Gaining Ground

The FTSE 100 index of leading London-listed stocks has steadied but downward pressure remains on GBP/USD after Fitch’s downgrade of the UK’s debt rating Friday.

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US Dollar May Rise if PMI Data Kindles Demand for Liquidity

The US Dollar may rise from a wave of capital rushing into it if PMI data out of the world’s largest economy unnerves investors and boosts demand for highly liquid assets.

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Gold Prices Edge Lower But Coronavirus Fears Underpin Haven Bids

Gold prices are under a little pressure from a stronger US Dollar as March ends, but they’ve gained broadly over the month and there seems little impetus to chase them lower

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AUD/USD Forecast: Bear Flag Continues to Take Shape Ahead of April

The recent rebound in AUD/USD may start to unravel over the coming days as a bear flag formation continues to takes shape.

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US Dollar Fundamental Outlook: USD/SGD, USD/MYR, USD/IDR, USD/PHP

The US Dollar fell as an improvement in sentiment slowed aggressive capital outflows from emerging markets and ASEAN economies. What do USD/SGD, USD/MYR, USD/IDR and USD/PHP face next?

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Australian Dollar In Whipsaw Trade As China Manufacturing PMI Bounces Back

The Australian Dollar sank sharply before this key data only to take back most of its losses on news that China's manufacturing sector surged back to expansion this month.

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EUR/USD Rate Recovery Stalls as ECB Warns of Looming Recession

EUR/USD snaps the series of higher highs and lows from the previous week as the ECB Vice President Luis de Guindos states that incoming data “indicate that a recession will take hold.”

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Canadian Dollar Sank with Crude Oil as Health Care Steered Wall Street

The Canadian Dollar sank with crude oil prices as USD/CAD bounced towards trend-defining resistance. Health care securities drove gains on Wall Street. AUD/USD eyes China PMI data.

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Nasdaq 100 Forecast: Low Trading Volume May Hint at Weakness

US equities climbed higher on Monday, closing in the green yet again as the VIX fell further. Still, low trading volume may suggest a lack of conviction.

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S&P 500 Continues Recovery, NFP Looms Large for US Data

The S&P 500 hasn't yet hit a limit-down barrier this week; and sometimes the lack of a negative can be a positive itself. NFP looms for Friday.

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USD/MXN: US Dollar to Mexican Peso Resumes Surge as Oil Plunges

USD/MXN might target fresh highs as the US Dollar to Mexican Peso looks to extend its explosive breakout amid crashing crude oil prices and deepening coronavirus recession risk.

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Canadian Dollar Forecast: USD/CAD May Melt Higher After Pull Back

USD/CAD may continue higher after a brief pull back saw it test support, but can the pair surpass its recent spike or will a draw down in volatility see the rally peter out beforehand?

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Stock Market Forecast: Recession Likely Unavoidable Amid Virus Fallout

Despite unprecedented Fed liquidity and fiscal stimulus measures, economic turmoil caused by the coronavirus mounts and raises the risk of recession, which could strongarm the stock market lower.

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US Dollar Sinks. Gold Prices, Wall Street Soar on Stimulus. Bottom Found?

The US Dollar tumbled as Wall Street and gold prices outperformed as investors embraced aggressive monetary and fiscal policy stimulus measures. Will this be enough to counter the anticipated slew ...

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Oil Prices Plunge on Oil Demand Destruction, Will Trump Intervene? - US Market Open

Focus on the oil market as WTI breaks below $20. Trump set to speak to Putin amid oil price war.

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GBP/USD, EUR/GBP and GBP/CAD Prices and Outlook - UK Webinar

Sterling (GBP) jumped at the back end of last week against a range of currencies and for different reasons. The question now is whether these gains can be consolidated.

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DAX 30, Euro Stoxx 50: Bear Market Rally Leaves Global Markets at Risk of Bull Trap

Portfolio rebalancing to provide short term gain, risks remain for long term pain. DAX and Euro Stoxx 50 risks lower levels.

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British Pound (GBP) Latest: GBP/USD and FTSE 100 Rally Look Vulnerable

Both Sterling and the FSTE 100 are pairing recent gains at the start of the week with little positive news in the press over the weekend to help them sustain last week’s rally.

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EUR/USD Retreat May Accelerate Ahead of Key Confidence Data

The Euro may face accentuated selling pressure if Eurozone consumer, industrial, services and economic confidence data for March underscores deteriorating sentiment.

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Crude Oil Prices Down As Coronavirus, Price War Threaten Glut

Crude oil markets didn’t rise very far when risk appetite revived last week on various coronavirus rescue programs. They’re now back to worrying about the chance of grievous oversupply.

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Gold Price Levels to Watch Following US Fiscal Stimulus Program

The flight to safety may push the price of gold towards the yearly high ($1704) as market participants look for an alternative to fiat currencies.

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Euro May Rise on ESM, Crude Oil Selloff Deepens on OPEC Price War

The Euro may rise on the use of the ESM while crude oil prices continue to suffer from the OPEC price war as an emerging market credit downgrade sends an alarming message.

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The Singapore Dollar and MAS: What is SGD and How to Trade it?

The Singapore Dollar (SGD) is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.

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NZD/USD Rate Outlook Clouded by Bear Flag Formation

NZD/USD continues to retrace the sharp decline from earlier this month, but the rebound may end up being short lived as a bear flag formation continues to take shape.

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Australian Dollar May Wilt as Yen and US Dollar Rise in Asia Trade

The Australian Dollar may wilt but can that break the near-term AUD/USD uptrend? Weekend Dow Jones futures hint a “risk-off” tilt that may boost the Japanese Yen and haven-linked US Dollar.

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US Dollar Sinks. Gold Prices, Wall Street Soar on Stimulus. Bottom Found?

The US Dollar tumbled as Wall Street and gold prices outperformed as investors embraced aggressive monetary and fiscal policy stimulus measures. Will this be enough to counter the anticipated slew ...

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Dow Jones and FTSE 100 Forecasts for the Week Ahead

Dow Jones posting a bear market rally? Federal Reserve provides balloons balance sheet. Eyes on further government measures.

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USD/MXN Outlook: Debt Rating Downgrade May Bring Further Weakness for the Peso

The Mexican Peso has managed to recover some ground against the US Dollar as risk-appetite resumes

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Euro Forecast: More Gains on Way for EUR/USD, EUR/JPY, EUR/CHF?

The Euro was surprisingly firm last week against a range of other major currencies, suggesting resilience in the face of poor economic data and a lack of confidence.

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Gold Prices May Drop as Liquidation Strikes Global Markets Anew

Gold prices soared after the Fed made its QE stimulus effortopen-ended. Renewed liquidation amid the global coronavirus lockdown may weaken them anew.

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US Dollar May Rise if ISM, NFP and PMI Data Spurs Haven Demand

The US Dollar could rise if key ISM, PMI and nonfarm payrolls data causes recession fears to swell and rekindles appetite for the haven-linked Greenback.

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Nasdaq 100, DAX 30, Nikkei 225 Technical Forecasts

Stocks climbed higher last week and reclaimed several key technical levels in the process. Can support hold if selling returns?

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USD/CAD: Canadian Dollar Forecast Post-BOC Emergency Rate Cut

USD/CAD price outlook is mired by a pullback in the broader US Dollar and deeper crash in crude oil. Can the Canadian Dollar prolong its rebound attempt as the Bank of Canada, or BOC, slashes rates?

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Stock Market Forecast: Recession Likely Unavoidable Amid Virus Fallout

Despite unprecedented Fed liquidity and fiscal stimulus measures, economic turmoil caused by the coronavirus mounts and raises the risk of recession, which could strongarm the stock market lower.

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Australian Dollar Boosted By Stimulus Hope, Coronavirus Stays in Charge

The Australian Dollar has been lifted from its multi-year lows by hopes that global financial authorities can fend of the worst of the coronavirus‘ effects. The economic data are dire though, and l...

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US Dollar Tanks, S&P 500 Stabilizes as FOMC Counters Coronavirus

It's been a brutal month for the risk-on trade. But a glimmer of hope has shown as the S&P has held on to support with the US Dollar tempering gains.

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Nikkei 225 Forecast for the Week Ahead

The Nikkei 225 has rebounded alongside other equity markets as investors grapple with the unprecedented stimulus packages offered by different governments. Can bulls continue the rally?

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Crude Oil Price Drives Lower with S&P 500, VIX Snaps Back

Crude oil price sinks another 7% on Friday as the S&P 500 Index spirals lower. Volatility rebounds toward crisis-high readings while sentiment crumbles owing to coronavirus recession risk.

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USD/CAD Erratic Price Action After Bank of Canada Emergency Rate Cut

The Bank of Canada is the latest central bank to announce an emergency interest rate cut.

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USD/ZAR - US Dollar vs South African Rand, ZAR Remains Vulnerable

South Africa forced into QE, eyes on Moody’s Rating. Downgrade to junk poses downside risks to South African Rand

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USD/MXN Outlook - Mexican Peso Besting a Weak US Dollar, Volatility Remains Extreme

USD/MXN may well have made its short-term high with the latest US liquidity pump driving down the value of the US dollar.

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US Dollar May Rebound as Fed QE Euphoria Subsides

The US Dollar is on the defensive after the Fed activated open-ended QE to becalm panicky financial markets, but scope for renewed stress means losses may be limited.

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British Pound (GBP) Latest: GBP/USD and FTSE 100 Trimming Wild Gains

A volatile week in UK asset markets with both the British Pound and the FTSE 100 storming back from multi-year lows. Support levels for both will be keenly eyed by traders.

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US Dollar Eyes Sentiment, Spending Data as Fiscal Package Heads to Trump

The US Dollar may rise if consumer sentiment and spending data print worse-than-expected figures and reignite demand for liquidity and push the haven-linked Greenback higher.

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Gold Prices Steady Despite Increased Coronavirus Stimulus Hopes

Gold prices remain close to two-week highs even as the market looks with hope toward the passage through Congress of a huge US financial rescue package.

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Indian Rupee Falls on RBI Emergency Cut, USD/INR Focuses on Sentiment

The Indian Rupee cautiously fell versus the US Dollar after the RBI cut rates in an emergency meeting amid the virus. USD/INR continues to focus on sentiment after clearing support.

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Singapore Dollar, USD/SGD Outlook: Virus Stimulus Package, MAS Eyed

The Singapore Dollar soared after the local government announced extra stimulus, plunging USD/SGD through support and placing the aggressive uptrend at risk. Where to from here?

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Can Coronavirus Helicopter Money Bring Markets Back to Life?

Investors in stocks, commodity currencies and energy have been praying for a massive fiscal bazooka to combat the virus effects. It looks like they’re going to get it.

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How Do Politics and Central Banks Impact FX Markets?

Foreign exchange – or “forex” – markets often pay close attention to politics and central bank policy. We offer a model for traders to gauge their impact on exchange rates.

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AUD/USD Rate Rebound Undermined by Bear Flag Formation

The recent rebound in AUD/USD may end up being short lived as a bear flag takes shape, while the RSI continues to track the downward trend from earlier this year.

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British Pound, GBP/USD Climbs Through Resistance. Yen at Risk Next

The British Pound rose alongside equities as GBP/USD broke above key falling resistance. Ahead, the anti-risk Japanese Yen may weaken if Asia Pacific stocks follow Wall Street’s lead.

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Gold Price Outlook: Stimulus May Propel XAU/USD Past Resistance

Gold suffered a substantial pullback two weeks ago as risk aversion roared and investors sought liquidity in the form of the US Dollar. Now, however, gold could resume higher as governments offer aid.

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Dow, S&P 500 Hasten Rally as the USD Snaps - Is the Low in Place?

Stocks have come back to life this week with the S&P 500 up by more than 18% off of the lows, going along with a strong reversal in the US Dollar.

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Nasdaq 100 Price Outlook: Micron Sees Quarterly Boost from Quarantine

The Nasdaq 100 stands in a relatively advantageous position compared to the S&P 500 and Dow Jones and a recent earnings report from Micron may see the trend continue.

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Euro Price Outlook: EUR/USD Rips as Markets Surges on Virus Stimulus

Euro surged 3.3% off the yearly lows as stimulus hopes fuel a breakout of monthly downtrend resistance. Here are the levels that matter on the EUR/USD technical charts.

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USD/JPY Pressured by Record-Smashing Spike in Jobless Claims

The US Dollar peels back further from three-year highs as dismal weekly jobless claims data driven by economic fallout from the coronavirus fuels selling in USD/JPY.

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US Dollar Rises on Historic Jobless Claims

US initial jobless claims crossed the wires at 3.2 million, marking the sharpest rise in history for the figure amid the current global pandemic

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USD/CAD Price Weakens Further Ahead of Crucial US Jobs Release

The recent sell-off in USD/CAD continues, but at a slower pace, ahead of the first key data print out of the US, the weekly initial jobless claims release.

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Why is GBP/USD Impacted by Equities?- CAD & Oil Link Breaks Down: Cross-Asset Correlation

Why is GBP/USD More Impacted by Global Equities? Canadian Dollar and Oil Relationship Breaks Down.

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British Pound (GBP) Latest: GBP/USD Trending Higher Despite Poor Data

The recent modest rally in GBP/USD is still in place despite poor UK retail sales data, suggesting further small gains for the pair.

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GBP/USD Outlook Ahead of BoE Rate Decision, US Jobless Claims

The British Pound may face liquidation pressure ahead of the BoE rate decision at the same time that traders may be scrambling to the haven-linked USD after jobless claim data is released.

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Crude Oil Pares Gains As Nervous Market Looks To US Jobless Claims

Crude oil prices got an initial boost on hopes that a massive coronavirus stimulus and assistance program would pass the Senate. It has, but the prospect of serious labor market weakness has hit ri...

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EUR/USD Rate Carves Higher Highs and Lows as Bearish Momentum Abates

EUR/USD may stage a larger recovery as the bearish momentum abates, with the Relative Strength Index (RSI) reversing course ahead of oversold territory.

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Australian Dollar, Stocks Brace for Multi-Million US Jobless Claims

The Australian Dollar, stocks, and other growth-geared assets have been buoyed by huge stimulus efforts to offset the coronavirus’ economic hit. Grim US jobless claims data may see those gains wipe...

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How Do Politics and Central Banks Impact FX Markets?

Foreign exchange – or “forex” – markets often pay close attention to politics and central bank policy. We offer a model for traders to gauge their impact on exchange rates.

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NZD/USD Forecast: Bear Flag Takes Shape, RSI Retains Bearish Formation

The recent rebound in NZD/USD may unravel as a bear flag formation takes shape, while the RSI continues to track the downward trend from earlier this year.

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Canadian Dollar Rose, USD/CAD Uptrend Held. Virus Bill Vote Delayed?

The Canadian Dollar rose but USD/CAD maintained its upward trajectory. This is as the US Dollar is gaining with an immediate vote on the virus relief bill appearing to be delayed.

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Nikkei 225 Forecast for the Week Ahead

The Nikkei 225 has rebounded alongside other equity markets as investors grapple with the unprecedented stimulus packages offered by different governments. Can bulls continue the rally?

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US Dollar Pulls Back from Three-Year-Highs: EUR/USD, GBP/USD, AUD/USD

The US Dollar put in a huge breakout over a ten-day-span. DXY has since found resistance and posed a 23.6% pullback, but are buyers reloading for more gains?

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DAX 30 Price Outlook: 2009 Trendline in Focus as Index Aims Higher

The DAX 30 has enjoyed a strong start to the week as traders digest the fiscal response to the coronavirus. Now, the index has encountered resistance in the form of a longstanding trendline.

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S&P 500 Price Outlook: Bear Market Rally Looks to Build on Stimulus

S&P 500 surged nearly 15% off the lows with the stimulus recovery now testing the first major resistance hurdle Here are the levels that matter on the SPX500 charts.

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USD/CAD Price Outlook: Canadian Dollar Rebounds – Will It Last?

The Canadian Dollar gains ground in an attempt to recover recent downside as USD/CAD price action peels back from a four-year high, but will the Loonie rebound last?

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USD/MXN - Mexican Peso vs US Dollar, Peso Weakness Remains

Weakness to remain for the Mexican Peso as coronavirus risks dominate. However, downside risks are more broadly balanced.

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Gold Price - Wild Swings May Continue as Unprecedented US Stimulus Nears

The extreme volatility in the price of gold continues this week with the precious metal having already traded in a $155/oz+ range.

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British Pound (GBP) Latest: Modest Trend Higher in GBP/USD to Continue

Sterling will likely continue to edge higher, along with other assets seen as inherently risky, after the deal on a $2 trillion coronavirus aid package in the US. However, the rally remains brittle.

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EUR/USD May Retreat on German IFO, US Durable Goods Orders Data

EUR/USD may retrace some of its recent gains if German IFO and US durable goods orders data pushes the haven-linked US Dollar higher after its brief pullback.

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Gold Slips As Markets Hope US Coronavirus Stimulus Deal Will Pass

Gold was a modest casualty of improved Asia Pacific risk sentiment, rooted in hopes that a massive stimulus deal is on the verge of passing Congress.

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Gold Price Eyes 2020 High Following Reaction to Former Resistance Zone

The price of gold appears to be making a run at the yearly high ($1704) following the reaction to the former-resistance zone around $1450 to $1452.

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Yen May Rise if Early US Economic Re-Start Stokes Coronavirus Fears

A tidal wave of cash waits to return to virus-battered assets, backstopped by huge stimulus. It is unlikely to deploy until infection slows, whatever the US administration prefers.

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US Dollar May Fall if S&P 500 Rises on Short Bets, USD/CAD Eyes Support

The US Dollar may be at risk as trader positioning warns that the S&P 500 could rise as markets look forward to fiscal stimulus. USD/CAD could rise if key support holds down the road.

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Bitcoin Price: How Will Halving, Coronavirus Affect BTC?

Bitcoin prices may see a pickup in volatility ahead of the 2020 halving as the coronavirus pandemic threatens to disrupt cross-continental BTC mining operations.

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AUD/USD Rate Rebound in Focus as RSI Displays Buy Signal

AUD/USD looks poised for a larger recovery as the exchange rate carves a series of higher highs and lows, while the RSI displays a textbook buy signal.

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Euro Outlook at Risk, Dow Jones Best Day Since 1933 on Stimulus Bets

The Euro is at risk in the medium term as US fiscal stimulus bets push the Dow Jones to its best day since 1933. The US Dollar may fall with all eyes on a virus relief bill.

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USD/JPY Targets February High Alongside Staggering Dow Jones Rally

USD/JPY has recaptured much of the ground it lost in March as it takes aim at the February high around 112.22. With stocks rallying, has risk appetite returned and what will it mean for USD/JPY?

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VIX Simmers as S&P 500 Surges on Fed, Fiscal Stimulus Hopes

Despite a massive 10% rally in the S&P 500 Index, driven by Fed intervention and fiscal stimulus hopes, stocks remain deep in bear market territory as coronavirus fallout raises recession risk.

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Canadian Dollar Price Outlook: Loonie in Focus, USD/CAD Tests 1.4500

The outsized breakout in USD/CAD has finally calmed, with five straight days of resistance showing around the 1.4500 spot. But are bulls done just yet?

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US Dollar Drops as Fed Beefs Up Backstop, FX Volatility Ebbs

Following its 8% surge over the last two weeks, the US Dollar has started to drift lower as the Federal Reserve ramps up stimulus efforts to offset coronavirus fallout and calm market angst.

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CAC 40 & FTSE 100 Forecasts: Indices Gain Despite Horrid PMI Data

The French CAC 40 and English FTSE 100 established gains on Tuesday despite a string of abysmal PMI data points. Can they continue higher?

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Dow Surges Despite Record Plunge in Markit PMI on Coronavirus

Despite a record-smashing drop in the latest IHS Markit PMI amid the coronavirus outbreak, the Dow Jones jumped 6% as investors remain hopeful that the Fed and fiscal stimulus can offset economic f...

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Market Sentiment Improves But Confidence Still Fragile | Webinar

Trader confidence has increased on the Federal Reserve’s action to boost liquidity and hopes of a fiscal package to boost the US economy. However, the market rally is fragile and may not last long.

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EUR/GBP Continues to Bounce Against Stubborn Resistance,Where Next?

The recent rally in EUR/GBP has come to an abrupt halt with resistance capping the pairs upside movement. Both currencies are under pressure, but Sterling looks set to have the upper-hand in the sh...

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US Dollar, GBP/USD, USD/JPY, S&P 500 Analysis: Cross-Asset Correlation

Cross-asset correlations rise sharply as the spread of the coronavirus prompts aggressively deleveraging.

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EUR/USD Price: Rally at Risk after Shocking Eurozone PMI Data

The overnight rally in EUR/USD may soon reverse after the latest set of Eurozone sentiment readings missed even the most pessimistic expectations.

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British Pound (GBP) Latest: GBP/USD Stabilizes, Outlook Improves

Sterling has steadied and the outlook has brightened for GBP/USD as the Federal Reserve’s promise of unlimited US Dollar funding continues to help riskier assets such as GBP, AUD and crude oil.

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EUR/USD Analysis Ahead of Crucial US, Eurozone PMI Data

EUR/USD may fall if PMI data out of the two largest economies in the world stokes demand for liquidity and pushes the US Dollar higher.

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Gold Prices Rise As Coronavirus Stimulus Curbs Cash-Out Impulse

Gold prices rose as hopes for massive economic life support curbed the previously overwhelming rush into cash. Enduring stock market gains saw some of that advance pared though.

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USD/CAD Levels to Watch Following Failed Attempt to Test 2016 High

USD/CAD appears to be reversing course ahead of the 2016 high (1.4690), with the Relative Strength Index (RSI) on its way to flash a textbook sell signal.

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Silver Prices Rise as Coronavirus Money Printing Ramps Up

Silver and gold prices have had a fascinating 2020, counterintuitively falling as the coronavirus’ economic hit has become horribly apparent. A rebound is now afoot.

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US Dollar Soars as USD/IDR Pursues Best Month Since 1997 Asia Crisis

The US Dollar soared against the Indonesian Rupiah, with USD/IDR eyeing its best month since the 1997 Asia financial crisis amid the coronavirus outbreak. Can this trend continue?

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Bitcoin Price: How Will Halving, Coronavirus Affect BTC?

Bitcoin prices may see a pickup in volatility ahead of the 2020 halving as the coronavirus pandemic threatens to disrupt cross-continental BTC mining operations.

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EUR/USD Rebounds as Fed Plans to Purchase CMBS But Will It Last?

The recent rebound in EUR/USD may prove to be short lived as the US Dollar benefits from the flight to safety.

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Canadian Dollar Sinks as Crude Oil Prices Swing, USD May Weaken

The Canadian Dollar sank as crude oil prices swung with USD/CAD stalling under 2016 peaks. Futures markets hint a cautiously upbeat mood may be next, placing the US Dollar at risk.

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Australian Dollar & ASX 200 Price Outlook Amid Coronavirus Outbreak

The Australian Dollar and stock market have suffered weeks of declines as the global economy grinds to a halt amid ongoing coronavirus containment procedures across the world, what’s next?

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USD/MXN Forecast: US Dollar to Mexican Peso Extends Parabolic Climb

The near-vertical breakout in spot USD/MXN price action keeps ramping higher as the US Dollar surges another 3% against the Mexican Peso. How much longer might the rally in USD/MXN last?

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Gold Price to Resume Ascent as Fed Asset Purchases Balloon

Gold looks geared up to recommence its meteoric rise, perhaps to new highs, following unprecedented news that the Fed looks to purchase an unlimited amount of US Treasuries.

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Canadian Dollar Price Outlook: USD/CAD Virus Breakout may be Overdone

Canadian Dollar plunged 11.7% YTD vs US Dollar with USD/CAD testing key resistance near five-year highs. Here are the trade levels that matter on the technical charts.

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S&P 500, Nasdaq 100 in Focus After Fed Launches QE-Infinity

It's been a brutal past month across risk markets. But the sell-off in the Nasdaq 100 has, so far, been tame by comparison. Will Congress deliver on hopes for a fiscal stimulus package?

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Dow Jones Price Outlook: Boeing to Undermine Index Further, Support Eyed

The Dow Jones may lag the S&P 500 and Nasdaq 100 as one of its main components falls under immense pressure. Consequently, the DJIA has broken beneath levels the other two indices have not.

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US Dollar Mired by FX Volatility & Expanded Fed Arsenal

The US Dollar is starting to edge lower from three-year highs after eye-popping news that the Fed unleased “extensive new measures,” but the USD remains supported by extremely high FX volatility.

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GBP/USD, EUR/GBP and FTSE 100 Prices and Oulook - UK Webinar

Central banks around the globe continue to throw unprecedented sums of money to try and shore up their economies against the ravages of the coronavirus.

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US Dollar Gains, Crude Oil Sinks, Dow Jones Repeats 2008 Despite Stimulus Wave

The US Dollar rally continued as equities around the world slid the most since 2008. Crude oil tumbled about 30% as gold prices still suffered. Data out of the United States next week will start to...

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Dow Jones Rises, USD Drops as Fed Announce Unlimited QE

Federal Reserve announce that they will purchase Treasuries and MBS in amounts needed. US Equities jump, while USD drops.

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EUR/USD Shorts Unwind, Wrong Time to be Bearish on US Dollar - COT Report

According to the latest COT report, investors have flipped to net short in the US Dollar for the first time since June 2018.

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British Pound (GBP) Latest: GBP/USD, FTSE Struggle on Coronavirus Headline Fears

Headline risks for UK asset markets are increasing as the government warns of a complete lockdown in London if advice is not followed.

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EUR/USD May Capitulate as Coronavirus Poisons Euro Outlook

EUR/USD may shy away from retesting three-month trend resistance as the coronavirus undermines the outlook for European growth and the appeal of holding Euros.

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Crude Oil Prices Down As Market Frets Coronavirus Lockdown Hit

Crude oil prices remain in the doldrums as state after state announces drastic forced reductions in social and economic activity. Meanwhile the deadline for past production cuts to end gets closer.

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Gold Price Consolidates as RSI Fails to Push Into Oversold Territory

Recent developments in the RSI cast a constructive outlook for the price of gold as the oscillator appears to be reversing course ahead of oversold territory.

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US Dollar Fundamental Outlook: USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar may rise versus the Singapore Dollar, Indonesian Rupiah and Malaysian Ringgit if capital flows out of ASEAN countries as key US data stokes the selloff in equities.

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NZD/USD RSI Sits in Oversold Zone as RBNZ Launches QE Program

NZD/USD struggles to preserve the rebound from late last week as the Reserve Bank of New Zealand (RBNZ) launches a Large Scale Asset Purchase programme (LSAP).

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US Dollar, S&P 500 Eyeing Bipartisan US Fiscal Stimulus Package

Volatility in the US Dollar and S&P 500 may be amplified in the coming days as Congress attempts to hammer out the details of a bipartisan fiscal stimulus package to counter the coronavirus.

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Yen May Gain as Weekend Dow Jones Futures Fall, NZD Eyes RBNZ Stimulus

The Japanese Yen may gain with weekend Dow Jones futures pointing lower into Monday’s session. NZD/USD could fall after the RBNZ announced a bond-buying program to support growth.

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US Dollar Gains, Crude Oil Sinks, Dow Jones Repeats 2008 Despite Stimulus Wave

The US Dollar rally continued as equities around the world slid the most since 2008. Crude oil tumbled about 30% as gold prices still suffered. Data out of the United States next week will start to...

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US Dollar Gains, Crude Oil Sinks, Dow Jones Repeats 2008 Despite Stimulus Wave

The US Dollar rally continued as equities around the world slid the most since 2008. Crude oil tumbled about 30% as gold prices still suffered. Data out of the United States next week will start to...

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S&P 500, DAX 30, ASX 200 Forecasts for the Week Ahead

Global equity markets swung wildly last week as declines slowed in the latter half. With a material pullback in volatility, can risk appetite improve in the week ahead?

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Euro Forecast: EUR/USD Outlook Remains Bearish

Last Wednesday’s launch of a €750 billion emergency asset-purchase program by the European Central Bank did little to stabilize the Euro, suggesting further EUR/USD losses are likely in the week ah...

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Gold Prices Surrender as Virus-Induced Recession Fears Swell

Gold prices may continue to fall if recession fears from the coronavirus overwhelm the optimism from stimulatory measures by central banks and governments around the world.

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US Dollar Aims Higher as Markets Liquidate on Coronavirus

The US Dollar has soared as capital spooked by the coronavirus outbreak flooded out of global financial markets and into the most liquid cash on offer. More of the same seems likely.

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Australian Dollar Data Drought Will Leave Coronavirus In Charge

The Australian Dollar faces a lack of scheduled economic or central bank news this week. That’s not likely to be good news for its remaining bulls.

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VIX Peels Back as S&P 500 Stabilizes; High Volatility Still a Threat

Despite a deepening coronavirus crisis, the S&P 500 Index started to stabilize this week and the VIX ‘fear-gauge’ edged lower, but cross-asset volatility remains at crisis high levels and threatens...

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VIX Recedes into the Weekend After Record-Setting Spike

The market’s “fear gauge” or VIX index retreated into the weekend after a record-breaking string of performances over the last two weeks. What does this mean going forward?

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S&P Tests Support, EUR/USD Sell-Off Slows as USD Tempers Gains

It was another week of extreme volatility in global markets that was matched with historic moves from the world's largest Central Banks.

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Surging US Dollar Hits a Wall; is a USD Unwind Underway?

The near-vertical climb in the US Dollar Index takes a breather as GBP/USD pivots higher, AUD/USD rebounds and USD/CAD ricochets off resistance. Is the US Dollar rally over?

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Dow Jones, S&P 500 Wary of Quadruple Witching Volatility - US Market Open

After historic making moves, Dow Jones, S&P 500 await quadruple witching induced volatility.

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British Pound (GBP) Latest: GBP/USD Rebound Looks Fragile After Wild Sell-Off

The British Pound is bouncing back against a weaker US dollar after an untamed sell-off saw the pair shed 18 big figures in just two weeks.

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EUR/USD Breaks Key Level as EU Growth Outlook Darkens

Amid an aggressive selling bout, EUR/USD plunged below a crucial support level as the spread of the coronavirus continues to lower Europe’s baseline economic growth outlook.

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Crude Oil Prices Up Despite Virus On Hopes US May Stem Price War

Crude oil prices got a lift from hopes the United States might at some point step in to calm the market conflict between key producers Russia and Saudi Arabia.

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US Dollar, Rupee Outlook: USD/INR Record Highs Eyed as Nifty Sinks

The US Dollar hit record highs versus the Indian Rupee. The Nifty 50 aims for its worst month since 2008 as the coronavirus complicates a fragile banking sector. USD/INR may rise.

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Norwegian Krone Plunges vs US Dollar, Euro on Covid-19 Outbreak

The petroleum-linked Norwegian Krone is the worst performing G10-currency this year and has plunged against the US Dollar and Euro amid a market-wide decline in risk-oriented assets.

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AUD/USD Remains Vulnerable as RSI Pushes Deeper into Oversold Zone

The current environment may keep AUD/USD under pressure especially as the Relative Strength Index (RSI) pushes deeper into oversold territory.

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Yen Sinks, USD/JPY Nears 2019 Peak. AUD/USD Gains on More RBA Stimulus

The Japanese Yen fell as the haven-linked US Dollar benefited the most amid global economic uncertainty as USD/JPY soared back towards the 2019 peak. AUD/USD gained on an RBA bond-buying plan.

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Canadian Dollar Forecast: USD/CAD Stalls Near 2016 High, Will it Reverse?

USD/CAD exploded higher this week as volatility surged and crude oil collapsed further. Now, the pair has slowed its ascent near the 2016 high and is showing signs of weakness.

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US Dollar Climbs as EUR/USD Eyes 2017 Low, USD/JPY & USD/MXN Explode

Another surge in the US Dollar is boosting the DXY Index toward three-year highs amid the coronavirus-driven cash crunch that’s steering EUR/USD lower while USD/JPY and USD/MXN rise.

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Gold Price Outlook: XAU Continues to Tank, Nears Seven Month Lows

Gold has gotten crushed over the past ten days. Despite a safe-haven run, the dash for cash has taken almost 15% out of Gold prices in less than two weeks.

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Crude Oil on Pace for Worst Monthly Decline in its History

Crude oil plummeted to its lowest level since 2002 on Wednesday before bouncing off the $20 mark alongside a modest gain in stocks. Still, the commodity is vulnerable.

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S&P 500 Price Outlook: Coronavirus Panic Selling Erases Trump Rally

S&P 500 plunged more than 30% as the Coronavirus panic sell-off drives the index into support at three-year lows. Here are the levels that matter on the SPX500 charts.

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GBP/USD: Pound Sterling Pops as BoE Cuts Rates to 0.1%, Boosts QE

GBP price action jumped immediately after the Bank of England, or BoE, announced an emergency 15-basis point interest rate cut and increase to its bond purchase program.

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Australian Dollar Whipsaws on Latest Stimulus, Eyes on Currency Intervention - US Market Open

AUD/USD Whipsaws, RBA Announce Stimulus Package, Eyes on Currency Intervention and US Data to Show Coronavirus Impact

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EUR/USD Plunges to Multi-Year Lows, German GDP Predicted to Slump in Q2

EUR/USD has finally succumbed to a variety of negative drivers and broken below the important April 2017 low. Markets continue to test central bank’s resolve.

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Coronavirus QE: FTSE 100, FTSE MIB Relief Rally to be Faded

Modest gains stemming from ECB’s large stimulus package. However, the relief rally is likely to come back under pressure.

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US Dollar (USD) Latest - King Dollar Continues to Flex its Safe-Haven Muscles

The US dollar rally continues as investors continue to rush for USD liquidity, crushing a range of FX-pairs in its wake.

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British Pound (GBP) Latest: Attempting to Stabilize After Huge Losses

Sterling has been one of the weakest of the major currencies as the coronavirus pandemic has spread. However, it is showing signs of stabilizing in early European trading Thursday.

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Euro at Risk Ahead of German IFO Data and SNB Rate Decision

The Euro may extend its decline vs the US Dollar and Swiss Franc if German IFO data sends a chilling message about regional growth against the backdrop of the SNB rate decision.

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Gold Prices Down Despite Forceful Coronavirus Stimulus Surge

Gold prices remain vulnerable to broad market sentiment despite an increasing level of fiscal and monetary support form the world’s economic authorities.

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EUR/USD Eyes 2020 Low Amid Limited Reaction to ECB’s Emergency Program

EUR/USD continues to approach the 2020 low (1.0778), with the exchange rate showing a limited reaction to the ECB’s Pandemic Emergency Purchase Programme (PEPP).

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Australian Dollar Steady As RBA Makes Expected Coronavirus Rate Cut

The Australian Dollar market had been certain that a second interest rate reduction was coming this month. It was right. The Official Cash Rate has been trimmed to 0.25%.

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Copper Prices Broke 17-Year Uptrend Amid Coronavirus Pandemic

Copper prices broke a 17-year uptrend after the growth-linked commodity suffered its largest single-day loss since 2008 as the coronavirus pandemic disrupts economic activity.

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NZD/USD Trades to Fresh 2020 as RSI Pushes Deeper Into Oversold Zone

NZD/USD trades to a fresh yearly low (0.5691), with the exchange rate extending the bearish price action from last week as the RSI pushes deeper into oversold territory.

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Euro Bounces as ECB Offers Extra QE on Virus, Will EUR/USD Gains Last?

The Euro rose after the ECB announced extra quantitative easing measures amid the coronavirus. This is just after the US Dollar soared on haven demand. Will EUR/USD maintain its pop?

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AUD/USD Price Forecast: Aussie Falls to 17-Year Low, Where's the Bottom?

AUD/USD suffered another brutal break lower on Wednesday as risk appetite continued to unravel, particularly in commodity-linked markets.

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VIX ‘Fear-Gauge’ Nears Record as Stocks, Oil & Gold Plunge Again

The VIX Index is within striking distance of printing all-time highs as a sustained selloff in stocks, oil and gold send cross-asset volatility measures skyrocketing due to deepening coronavirus co...

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Dow, S&P Slammed as Treasuries, USD Show Violent Gyrations

Global markets remain in disarray and little looks certain, other than the fact that the trove of stimulus already launched is not yet enough to arrest the declines.

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Nasdaq 100 Forecast: Bulls Look to Hold Support as Index Turns Lower

The Nasdaq 100 will look to hold above support that has become crucial in warding off further losses, but volatility remains significantly above historical averages.

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US Dollar Forecast: DXY Above 100 as USD Surges Despite Fed Action

The DXY Index soars past the 100.00 mark to notch its highest reading since April 2017. Amid deepening coronavirus woes, will US Dollar dominance endure despite dovish Fed measures taken?

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US Dollar Rises, British Pound (GBP) Drops to 1985 Low, London Set for Lockdown - US Market Open

US Dollar is king as panic selling persists. GBP/USD hits 1985 low as coronavirus is expected to put London on lockdown.

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Euro Struggles to Hold EUR/USD 1.1000 Against a Rampant US Dollar

The ECB needs to come back to the table with new measures to help restore confidence against a wide range of assets. EUR/USD has another foe, a surging US Dollar.

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DAX 30, Euro Stoxx 50 Outlook: Europe Heading Towards a Recession

Coronavirus spread to push Europe into a recession. DAX at risk of deeper retracement. Euro Stoxx 50 Eyes 2000 Level

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Crude Oil Price Crushed to a 17-Year Low as Global Recession Fears Grow

US crude oil's slump continues and currently trades around $26/bbl. as the coronavirus pandemic destroys global economic activity.

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British Pound (GBP) Latest: Sterling and FTSE Weakness Set to Persist

The flight from UK assets continues on fears that the economic impact of the coronavirus pandemic will outweigh attempts by the UK Chancellor to mitigate its effects.

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Euro Outlook Bleak as Eurozone Governments Shut Down Borders

The Euro may face additional selling pressure after key German data sent a chilling message as the European Union closes its borders to contain the coronavirus.

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Crude Oil Price War, Coronavirus Fears Put 4-Year Low in Focus

Crude oil prices were steadier through Asia’s Wednesday but have still been in effective free-fall this month as the coronavirus and its attendant Saudi/Russian price war take a toll.

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Can Coronavirus Helicopter Money Bring Markets Back to Life?

Investors in stocks, commodity currencies and energy have been praying for a massive fiscal bazooka to combat the virus effects. It looks like they’re going to get it.

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Gold Price Rebounds from Key Price Zone as Fed Deploys Credit Facility

The price of gold attempts to retrace the decline from earlier this month as the Federal Reserve establishes a Primary Dealer Credit Facility (PDCF).

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and opens the door to violent volatility – and trading opportunities.

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AUD/USD Rate Clears 2008 Low Ahead of RBA Announcement

AUD/USD takes out the 2008 low (0.6006) and the exchange rate may continue to exhibit a bearish behavior as the Relative Strength Index (RSI) sits in oversold territory.

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USD/CAD Rises Towards 2016 High. Dollar Rallies and Crude Oil Falls

The Canadian Dollar and crude oil prices are approaching their weakest points since 2016 amid the coronavirus outbreak. The US Dollar soared on haven demand and may continue gaining.

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NZD/USD Price Outlook: Fiscal Response Boosts Kiwi, Can it Rally?

The Kiwi enjoyed a boost yesterday after the New Zealand government offered a significant fiscal response that helped soothe fears regarding the country’s economy, but gains may be short-lived.

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US Dollar, S&P 500 Surge as VIX Retreats, FX Volatility Climbs

The S&P 500 notched a 6% rally was accompanied by a spike in the US Dollar during Tuesday’s trading session as FX volatility remained elevated despite a pullback in the VIX Index.

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Canadian Dollar Price Outlook: Loonie Crushed, USD/CAD Explodes

The US Dollar has surged over the past couple of weeks and, when combined with CAD-weakness, USD/CAD has shown an aggressive bullish breakout.

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ASX 200 & Nikkei 225 Price Outlook: Stocks and Sentiment Steady, For Now

Stocks marched higher on Tuesday after suffering their second worst daily performance on record. With governments eager to shore up their respective economies, where are equities headed?

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US Dollar Soars as USD/JPY Rips, EUR/USD, GBP/USD & AUD/USD Flop

The US Dollar recoils to multi-year highs after spiking 5% higher since March 10 as the coronavirus pandemic sparks a dash for cash and weighs on USD/JPY, EUR/USD, GBP/USD and AUD/USD price action.

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European Stock Exchanges Ban Short-Selling, Massive Stimulus Needed

The coronavirus continues to roil global financial markets with some European Bourses clamping down on short-selling. Governments need to go ‘all in’ immediately to prevent further economic meltdown.

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Market Sentiment Showing Few Signs of Recovering | Webinar

Trader confidence in stocks continues to show no indication of an improvement, making calling a bottom highly risky. However, currencies are providing opportunities to take advantage of market vola...

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US Dollar Surges on Funding Market Distress Signal: Risk of Explosive Breakout

Distress signals in funding market as cross currency basis swaps widen to Eurozone debt crisis levels.

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EUR/USD Price Slides After Eurozone and German Sentiment Crashes

The latest Eurozone and German ZEW sentiment data paint an increasingly worrying picture for the single-block as sentiment readings plummet.

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Gold Price Outlook: Are Gold Prices Still a Safe-Haven?

Is gold losing its safe-haven appeal? As the economy looks set to fall into a recession, gold has not escaped the panic selling.

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British Pound (GBP) Latest: EUR/GBP Advance Set to Continue

Strength in EUR/GBP and weakness in GBP/USD, the FTSE 100 and Gilts suggest further losses to come for Sterling assets.

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EUR/USD Braces For ZEW Data, Retail Sales as Virus Sours Sentiment

EUR/USD may fall if German ZEW survey data and US retail sales show consumer optimism and spending patterns have been infected by panic surrounding the coronavirus pandemic.

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Gold Prices Slide Again As Coronavirus Prompts Cash Raising

Gold prices have continued to slide on Tuesday despite the long cloud cast by the coronavirus as some investors opt to hold cash instead.

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USD/CAD Rate Outlook Mired by RSI Divergence

USD/CAD may face a larger pullback over the coming days as the exchange rate appears to be deviating with the Relative Strength Index (RSI).

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NZD Gains as Markets Applaud Fiscal Coronavirus Response

The New Zealand Dollar gained despite record low local interest rates as the government announced a broad sweep of fiscal measures aimed at limiting the virus’ economic effects

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NZD/USD Outlook Clouded with Mixed Signals Following RBNZ Rate Cut

NZD/USD pares the decline following the RBNZ rate cut, but the exchange rate may continue to carve a series of lower highs and lows as the RSI sits in oversold territory.

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AUD/USD Fast Approaching 2008 Bottom With US Recession Possible

The Australian Dollar is fast approaching the 2008 bottom after another worst day on Wall Street since 1987. Trump hinted a recession may be due with the virus relief bill in focus.

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US Dollar Whipsaws on Fed Virus Response – USD Trade Levels

The US Dollar tumbled after another emergency Fed rate cut and QE package, but USD price action climbed notably off session lows amid the worsening coronavirus pandemic.

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Stocks Suffer Second Largest Decline in History as VIX Extends Higher

The US equity market suffered its second worst decline in history on Monday as the Dow Jones, Nasdaq and S&P 500 decline more than -12% a piece. Still, volatility looks to persist.

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Recession Risk Intensifies as Crude Crashes & Coronavirus Festers

Recession risk could be ratcheting even higher after the price of crude oil crashed over 20% in a single day, which is likely exacerbating economic stress initially sparked by coronavirus concerns.

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Crude Oil Price Climbs off the Lows but Recovery Remains Unlikely

Crude oil moved off the lows on Monday as the United States looks to purchase large quantities of the commodity for storage in the country’s strategic reserve, but a larger recovery is unlikely.

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AUD/JPY: Eyes on Breakout Levels - Australian Dollar vs JPY Price Forecast

Last week, AUD/JPY declined to its lowest level in over a decade and this week the story does not look much different. Here are the levels and signals traders should keep in focus.

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USD/MXN Price Rips to All-Time High as Mexican Peso Collapses

USD/MXN just exploded to a record high above the 23.000 handle as the Mexican Peso depreciates at its fastest rate against the US Dollar since October 2008.

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Dow, S&P to Support as FOMC Launches a Bazooka – But Will it Work?

Global markets remain in panic mode and the Federal Reserve just launched another batch of emergency measures that, as yet, have failed to calm traders' nerves.

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VIX ‘Fear-Gauge’ Hits Crisis Highs Amid Cross-Asset Volatility Explosion

The VIX Index recorded its highest weekly close since 2008 amid the global financial crisis. What are cross-asset volatility benchmarks suggesting about the market’s next move?

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Dow Jones, S&P 500, Nasdaq 100 Collapse, Recession Risks Soar

Global equity markets are in freefall, despite the central banks best efforts to stem the panic selling.

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US Dollar Soars, Wall Street Confirms Bear Market, Gold Prices Drop. What Now?

The US Dollar took its role as a safe haven in an emotional week as Wall Street entered a bear market with gold prices plunging the most since 2011. All eyes next week are on a U.S. fiscal package,...

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EUR/USD Signals A Possible Bullish Comeback, Euro vs USD Price Outlook

Last week, EUR/USD lost over 1.5% of its value against US Dollar highlighting bull’s reluctance. Here are the key chart points to monitor in the short term.

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British Pound (GBP) Latest: Sterling Rallies, FTSE Crashes Below 5,000

Turmoil continues in the equity markets with indices crumbling at the start of the week, despite another emergency rate cut and additional liquidity measures by the Fed on Sunday.

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US Dollar, Gold Price, S&P 500 Outlook: Impact of Emergency Fed Rate Cuts

Federal Reserve Delivers Emergency Rate Cut. How does the S&P 500, US Dollar and Gold Prices Typically Perform?

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Euro Braces for ECB, Draghi. US Dollar Eyes CPI Data

The Euro may suffer with the DAX if commentary from the Eurozone Finance Minister meeting spooks markets and pushes investors into the opens arms of the anti-risk Swiss Franc.

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Crude Oil Prices Fall as Fed, RBNZ, BOJ Fail to Cheer Markets

Crude oil prices fell with stocks as emergency stimulus from the Fed, the RBNZ and the Bank of Japan failed to cheer battered financial markets.

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Gold Price Consolidates as Fed, RBNZ Implement Emergency Rate Cut

The price of gold struggles to extend the series of lower highs and lows from the previous week as the RBNZ and FOMC deliver an emergency rate cut.

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AUD/USD RSI Sits in Oversold Zone Even Though FOMC Deploys ZIRP & QE

AUD/USD may continue to give back the correction from the 2008 low (0.6006) as the Relative Strength Index (RSI) sits in oversold territory.

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US Dollar Fundamental Forecast: USD/SGD, USD/PHP, USD/IDR, USD/MYR

The US Dollar’s yield eroded after an emergency Fed cut, meaning its focus shifts to sentiment amid the coronavirus pandemic. What’s ahead for USD/SGD, USD/PHP, USD/IDR and USD/MYR?

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Japanese Yen Surges vs New Zealand Dollar After RBNZ, Fed Rate Cuts

The New Zealand Dollar plummeted vs the anti-risk Japanese Yen after the RBNZ and Federal Reserve both announced aggressive rate cuts amid global financial instability.

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US Dollar Falls After Fed Cuts Rates to Zero and Launches QE

The US Dollar fell after the Federal Reserve slashed interest rates to zero and launched a $700 billion quantitative easing (QE) program to counter the impact of the coronavirus.

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Japanese Yen, US Dollar, New Zealand Dollar May Gap on Pandemic Woes

The Japanese Yen and US Dollar may rise as the New Zealand Dollar falls at market open. Weekend stock futures are pointing notably lower and the RBNZ delivered an emergency 75-bp rate cut.

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US Dollar Soars, Wall Street Confirms Bear Market, Gold Prices Drop. What Now?

The US Dollar took its role as a safe haven in an emotional week as Wall Street entered a bear market with gold prices plunging the most since 2011. All eyes next week are on a U.S. fiscal package,...

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Dow Jones and DAX 30 Forecast for the Week Ahead

History-making volatility across global stock markets. Eyes turn to Fed decision, while German ZEW to confirm recession.

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USD/MXN Forecast: US Dollar vs Mexican Peso- Coronavirus Surge Stalls

Mexican Peso marked the fourth weekly decline vs the Dollar with price settling well off fresh record highs. Here are the levels that matter on the USD/MXN weekly chart.

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Euro Forecast: Outlook for EUR/USD Turns Bearish

Last week’s failure by the ECB to cut Eurozone interest rates as most traders and analysts had expected has led to a steep drop in EUR/USD and turned the outlook from positive to negative.

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Gold Price Outlook Hinges on Federal Reserve Meeting

Speculation for lower US interest rates may curb the recent pullback in the price of gold as the Federal Reserve is widely expected to deliver another rate cut in March.

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US Dollar (USD) Forecast: Fed Boosts Liquidity, Expected to Slash Rates Again Next Week

The ‘V-shaped’ recovery in the US dollar continues despite the Fed announcing a massive USD1.5 trillion liquidity pump on Thursday to arrest a further breakdown in the financial system. Next week, ...

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Dow Jones, DAX 30 Technical Forecasts: Major Trendlines in Focus

Global stock markets crashed last week, falling into bear market territory and piercing various levels of technical support. Now, the major markets stand at extremes. Can support hold?

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Crude Oil Analysis: FOMC, OPEC Price War, Coronavirus in Focus

Crude oil prices will have to a digest a plethora of volatility-inducing catalysts in the week ahead including the FOMC rate decision, covid-19 pandemic and an ongoing OPEC-Russia price war.

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VIX ‘Fear-Gauge’ Hits Crisis Highs Amid Cross-Asset Volatility Explosion

The VIX Index recorded its highest weekly close since 2008 amid the global financial crisis. What are cross-asset volatility benchmarks suggesting about the market's next move?

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USDCAD Lifts on Emergency Bank of Canada Rate Cut

In response to the now global coronavirus pandemic, the BOC enacted an emergency rate cut of 50 basis points

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S&P 500 Price Outlook: Index Tests Trendline Extremes in Bear Market

After plummeting into a bear market in the second week of March, the S&P 500 lies vulnerable near a supportive trendline that has held since the end of the last bear market in 2009.

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Market Cycles | Phases, Stages, and Common Characteristics

Markets have been cycling since the beginning of time and will continue to do so for as long as they exist; in this piece a blueprint is laid out for how these occur and signposts to watch.

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US Dollar Gyrates on Downbeat Consumer Sentiment, Virus Injects Worry

The US Dollar gyrated this morning as the University of Michigan Consumer Sentiment showed virus fears are taking a toll on consumer expectations for the economy

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Dow, S&P Bounce from Key Supports: Can Buyers Hold the Bid?

Both the Dow and S&P ran into key areas of confluent support overnight, and already a robust rally has shown. But is this short-cover ahead of the weekend or the start of a new theme?

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EUR/USD Price Action Currently Battling a Bearish Trend, Bond Yields Remain Elevated

EUR/USD traded in a 280+ pip range yesterday around the latest ECB meeting. Higher Eurozone government bond yields are trying to support the Euro today, but the daily chart looks ominous.

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Gold Prices Fall with Stocks as Investors Flee to Cash, UofM Eyed

Gold prices fell with stocks amid liquidation across global assets. Markets are attempting to stabilize but US consumer confidence data may sour the mood anew.

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USD May Rise if Sentiment Data Spurs Demand for Havens

The US Dollar may prosper against its G10 counterparts if consumer sentiment data for March spooks markets, amplifies liquidity urgency and boosts demand for the world’s reserve currency.

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Australian Dollar, AUD/USD May Wilt as Wall Street Flashes Back to 1987

The Australian Dollar may extend losses after a downside breakout as European shares fell the most on record with Wall Street down the most since 1987. U.S. fiscal package eyed.

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Stock Market Crash Sees Dow Jones Components Trade Places

The Dow Jones experienced its largest daily decline since October 19, 1987 on Thursday which saw several heavily weighted components trade places on the index.

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European Indices Suffer Historic Single-Day Declines Amid Panic

As investors panic amid the global spread of the coronavirus and the subsequent containment procedures, European indices suffered their largest single-day decline in history.

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Dow Jones Surge, US Dollar Drops as Fed Unleashes Huge Liquidity Pump

Federal Reserve announce a high liquidity pump of $1.5 Trillion, which provides boost to global stocks.

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VIX Spikes to Crisis Levels as Markets Crater to Coronavirus Fears

It's been a tumultuous backdrop and that looks set to continue as the world wrestles with the fallout from Coronavirus.

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US Dollar Rips Higher as Dollar Funding Shows Distress Signal - US Market Open

Global markets remain in freefall amid the ongoing spread of the coronavirus. USD funding showing signs of distress.

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US Equity Market Is Now Down Over 25% From February Highs

This morning brought another drop in the US stock market of over 6.5%

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S&P 500 Slammed into Bear Market as Coronavirus Grabs the Globe

Global markets are wrestling with a new black swan event. Nothing is predictable, and the world sets for course correction as a new risk grabs the globe by hold

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ECB Leaves Interest Rates Unchanged, Boosts Liquidity - Is It Enough?

The European Central Bank surprised the market Thursday and left interest rates unchanged, boosting the Euro. The ECB also announced additional liquidity measures to combat the economic fallout fro...

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Bitcoin (BTC), Ethereum (ETH), Ripple (XRP): Cryptocurrency Carnage, Prices Down 20%+

The cryptocurrency market is in meltdown with prices slumping by 20%+ with market leader Bitcoin (BTC) slumping below $5,800 in wild trade.

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EUR/USD Outlook: ECB Must Act Decisively as Recession Looms and Markets Collapse

The European Central Bank needs another ‘Whatever it Takes’ moment today to provide unwavering support for the Eurozone economy to prevent a full-blown recession.

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FTSE 100 vs FTSE 250: What Outperforms When Bank of England Cuts Rates

The Bank of England delivered a shock emergency rate cut to combat coronavirus. Outcomes differ for both the FTSE 100 and FTSE 250

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British Pound (GBP) Latest: Further Weakness Likely Against USD and EUR

Sterling is in a steep downtrend against the US Dollar, suggesting further falls to come in GBP/USD. It looks set to weaken more against the Euro too as EUR/GBP continues to strengthen.

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ECB Could Double Down on TLTROs to Combat Coronavirus Market Meltdown

Check out what the ECB has in store to combat COVID-19 economic impact ahead of today's monetary policy meeting

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Coronavirus Crash: DAX & Euro Stoxx 50 in Freefall as Trump Address Disappoints

Coronavirus confirmed as a global pandemic. US President Trump address fails to instill confidence. European equities sell-off persists.

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Gold Prices Drop Despite Coronavirus Scare, ECB in Focus

Gold prices continue to drop despite its would-be “haven” appeal as coronavirus outbreak fear ravage markets. The ECB policy announcement is now in the spotlight.

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Euro Analysis Ahead of ECB Rate Decision and Lagarde Outlook

The Euro may fall on the ECB rate decision and President Christine Lagarde’s outlook as the Eurozone stands at the precipice of enduring another 2008-style crisis.

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EUR/USD Correction Unravels, RSI Shows Sell Signal Ahead of ECB Meeting

EUR/USD may face a larger pullback going into the European Central Bank (ECB) meeting as the Relative Strength Index (RSI) falls back from overbought territory.

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and opens the door to violent volatility – and trading opportunities.

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USD/JPY, AUD/USD, Dow Jones Outlook Bleak Post Trump Nation Address

The USD/JPY, AUD/USD and Dow Jones futures prolonged their downtrends as markets appeared underwhelmed by Donald Trump’s address to the nation and response amid the coronavirus pandemic.

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NZD Consolidates After Flash Crash as RBNZ Unveils Unconventional Tools

NZD/USD may face headwinds over the coming days as the Reserve Bank of New Zealand (RBNZ) appears to be on track to combat the coronavirus.

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Yen, US Dollar Gain. Virus Pandemic Pushes Wall Street to Bear Market

The Japanese Yen soared as North American markets joined their European counterparts in entering a bear market. Is the US Dollar starting to benefit from aggressive risk aversion?

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Canadian Dollar Price Forecast: USD/CAD Ascent Slows at Resistance

USD/CAD exploded higher this week as volatility surged and crude oil collapsed, in a move that will likely pressure the Canadian economy.

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ECB Preview & Euro Forecast: Will Lagarde Respond to COVID-19?

The ECB, led by Christine Lagarde, is teed up to give markets its latest monetary policy update Thursday, March 12 at 14:45 as the coronavirus pandemic intensifies. Where is the Euro headed?

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Nasdaq 100 & DAX 30 Forecast: Indices Grasp for Support in Bear Markets

Stock volatility looks primed to persist in the days ahead as central bankers and government officials deliberate on further action as indices spiral into bear market territory.

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Dow Jones Drops Into Bear Market, Virus Fears Drag Sentiment

The Dow Jones dropped into bear market territory on Wednesday bringing the 11-year bull market to a screeching halt

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FTSE 100 vs FTSE 250: What Outperforms When Bank of England Cuts Rates

The Bank of England delivered a shock emergency rate cut to combat coronavirus. Outcomes differ for both the FTSE 100 and FTSE 250

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Sterling Price Outlook: British Pound Heavy on BoE- GBP/USD Support?

Sterling is testing a critical support pivot on the heels of an emergency rate-cut from the BoE. Here are the levels that matter on the GBP/USD technical charts.

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Recession Risk Intensifies as Crude Crashes & Coronavirus Festers

Recession risk could be ratcheting even higher after the price of crude oil crashed over 20% in a single day, which is likely exacerbating economic stress initially sparked by coronavirus concerns.

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Gold Price Outlook: XAUUSD Pulls Back, 1700 Looms Large - Gold Levels

Gold prices have finally run into a resistance level that can hold at the 1700 marker. But for how long might bulls remain in wait?

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S&P 500, DAX, Oil Outlook & More Amidst Global Rout

US stocks bounced hard yesterday, today will be an interesting test for not only US markets but the weaker global marketplace.

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Mexican Peso Latest: USD/MXN Price Spikes and Extreme Volatility Continue

The volatility in the Mexican Peso continues at extreme levels with huge intraday spikes, and slumps, showing on the daily chart.

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London Stocks, GBP Shrug Off Emergency Rate Cut Ahead of UK Budget

The FTSE 100 index of the major London-listed stocks and GBP/USD have failed to react strongly to the Bank of England’s surprise rate reduction, suggesting underlying weakness in UK equities.

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ECB President Lagarde Warns of Risks to Financial Markets from Coronavirus Epidemic

The President of the European Central Bank Christine Lagarde has warned about financial market risks from the ongoing coronavirus epidemic, one day before a crucial ECB monetary policy meeting.

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ECB Could Double Down on TLTROs to Combat Coronavirus Market Meltdown

Check out what the ECB has in store to combat COVID-19 economic impact ahead of tomorrow's monetary policy meeting

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British Pound (GBP) Drops as Bank of England Delivers Emergency Rate Cut

Spread of coronavirus forces the Bank of England to deliver an emergency rate, following in the footsteps of the Fed.

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British Pound May Rise on UK 2020 Budget: GBP Eyes Rishi Sunak

The British Pound may rise after Chancellor of the Exchequer Rishi Sunak announces the UK government’s 2020 budget amid the coronavirus epidemic and swelling BoE easing expectations.

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Crude Oil Prices Look to Trump Stimulus Plan for Direction

Crude oil prices are looking to the unveiling of a US fiscal stimulus plan crafted by the Trump administration to counter the coronavirus outbreak for direction cues.

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Gold Price Pullback Fizzles Amid Speculation for More Fed Rate Cuts

The recent pullback in the price of gold may prove to be short lived as the coronavirus fuels speculation for more Federal Reserve rate cuts.

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Japanese Yen May Rise if COVID-19 Triggers a Credit Crisis

The Japanese Yen may rise if fear about the coronavirus causing a credit crisis puts a premium on liquidity and a discount on growth-oriented assets.

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USD/CAD May Rise as USD/JPY and Dow Jones Fall on Trader Bets

The USD/CAD may rise as USD/JPY follows the Dow Jones lower based on signals in trader psychology. How does that compare with the fundamental and technical outlook from here?

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AUD/USD Outlook Clouded with Mixed RSI Signal Following Flash Crash

The RSI offers a mixed outlook following the AUD/USD flash crash as the oscillator deviates with price and breaks out of the downward trend from earlier this year.

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Dollar May Rise, Breakout in Focus. USD/JPY Has Best Day Since 2013

The US Dollar may rise after clearing resistance following the largest rally in USD/JPY in almost 7 years. Markets may shift focus to Democratic primaries heading into Asia trade next.

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US Dollar Outlook Mired as FX Volatility Returns with Vengeance

Currency volatility, or FX volatility, seems to have returned with vengeance and speaks to systemic uncertainty and risk that looms over the US Dollar and most liquid financial market.

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New Zealand Dollar Forecast: NZD/USD, NZD/JPY, NZD/CAD

Alongside other markets this week the New Zealand Dollar has experienced immense volatility as it whipsaws between support and resistance. Where is it headed in the days ahead?

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Dow Jones & Nasdaq 100 Forecast: Airlines, Banks and Shale at Risk

Stocks moved cautiously higher on Tuesday as traders sifted through the wreckage of Monday’s decline, but early gains met resistance, and three sectors remain particularly vulnerable.

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Recession Risk Intensifies as Crude Crashes & Coronavirus Festers

Recession risk could be ratcheting even higher after the price of crude oil crashed over 20% in a single day, which is likely exacerbating economic stress initially sparked by coronavirus concerns.

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DAX 30, FTSE 100, CAC 40 Outlook Cautious Despite Relief Rally

A relief rally across global equity markets with US equity futures firmly in the green and briefly hitting limit up.

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Market Sentiment: How to Avoid Volatility | Webinar

Trader confidence has picked up markedly Tuesday after the recent tumble in stock markets and oil prices. This webinar also looks at the assets that might be of interest to traders looking for less...

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Euro May Turn Lower vs US Dollar as Markets Digest Fed Outlook

The Euro may soon reverse lower after hitting a 13-month high against the US Dollar as markets move to absorb bets on a dramatically dovish turn in Fed policy.

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Crude Oil Price Turns Higher, Fear of Further Sell-Off Remains

Oil is pulling back a small portion of its recent losses, but a huge gap remains on the chart which will take a substantial rally to fill it.

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British Pound (GBP) Latest: Sterling Providing Refuge Amid Market Mayhem

The British Pound and the Euro are proving useful for traders and investors seeking relative stability as the markets for stocks, bonds and oil swing wildly.

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Euro Outlook Bullish vs USD While DAX Index Eyes 4-Year Low

The Euro may continue to surge against the US Dollar amid the market-wide selloff in global equities with the German DAX index plunging over 20 percent as it eyes four-year lows.

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Gold Prices Turn as Trump Stimulus Eyed, Crude Oil Bounces Near 2016 Low

Gold prices fell towards support after U.S. President Donald Trump hinted possible stimulus to combat the coronavirus. Crude oil aims for the best day since September. Will these moves last?

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Crude Oil Prices Stare at Abyss as USD/NOK Surges to 35-Year High

Crude oil prices may continue to face severe liquidation pressure along with the petroleum-linked Norwegian Krone as it trades against the US Dollar at its weakest point since 1985.

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Dollar, Gold, Yen: What are the Top Safe Havens of 2020?

It seems the markets are riding high, but risk is always lurking around the corner. Consider your escape plan before you find yourself in collapsing market. What are the top havens for different co...

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Japanese Yen, Dow Jones Forecast Turn to Trump Fiscal Stimulus Hype

The Japanese Yen fell, pausing JPY’s rise on resistance as US President Donald Trump hyped fiscal stimulus. The Dow Jones and S&P 500 are fast approaching bear market territory.

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Recession Risk Intensifies as Crude Crashes & Coronavirus Festers

Recession risk could be ratcheting even higher after the price of crude oil crashed over 20% in a single day, which is likely exacerbating economic stress initially sparked by coronavirus concerns.

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USD/MXN Price Outlook: US Dollar vs Mexican Peso- Breakout Stalls

Mexican Peso has plunged with the Coronavirus price breakout taking USD/MXN to fresh record intraday highs. Here are the levels that matter on the USD/MXN weekly chart.

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What Markets are Rising as the Dow Jones and Oil Collapse?

Volatility ravaged capital markets on Monday as crude oil plummeted to levels not seen since early 2016 and stocks collapsed. As risk appetite evaporates and valuations drop, what assets may gain?

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Gold Price Pierces $1,700 But Pressured by Stock Market Rout

Gold prices leapt to a fresh high earlier today, but the precious metal has since receded amid a widespread stock market selloff and dash for cash. Where is spot gold (XAU/USD) headed next?

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Canadian Dollar: Loonie Decimated, USD/CAD Gaps to Two-Year-Highs

The US Dollar has gotten slammed of recent, but the Canadian Dollar has been hit even harder; and with the plunge in Oil prices, that pain may be set to continue.

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Dow Jones, Oil Wobble on Virus. Gold Prices, Yen Soar. Fiscal Support Eyed

The Dow Jones gave up most upside progress as emergency easing from the Fed and BoC failed to materially soothe investors. Gold prices and the Japanese Yen soared as crude oil suffered. Amid the co...

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British Pound (GBP) Rallies, FTSE 100 Collapses - UK Markets Webinar

Sterling pushed higher against a range of currencies, while the FTSE 100 slumped into bear market territory in early turnover on the ongoing spread of the coronavirus and an oil complex roiled by S...

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Dow Jones, S&P 500, Nasdaq 100 Crash, US Recession Ahead?

The spread of coronavirus and an oil price war raises the risk that the US could fall into a recession. Global equities tumble.

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Gold Price Analysis - Drivers Remain Positive But Market Conditions Are Disorderly

The price of gold hit a fresh seven year+ high in weekend/Asia trade just above $1,700/oz. before pulling back. Fundamentals and technicals remain positive for the precious metal but markets may we...

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Crude Oil Price Crash as Saudi Arabia Sparks Oil Price War

Oil prices saw a record drop at the open, plunging as much as 30% after Saudi Arabia sparks an oil price war.

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ECB Could Double Down on TLTROs to Combat Coronavirus Market Meltdown

The financial impact of conronavirus has caused Central Banks arounf the world to induce monetary stimulus, what will the ECB do in its next meeting?

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Global Equity Market Meltdown - FTSE, DAX Crash Into Bear Market Territory

Global equity markets are in freefall and the latest panic sell-offs have taken them into well defined bear market territory. Where to next?

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Gold Prices Struggle to Score Amid Market Rout, Crude Oil Crushed

Gold prices struggled to build higher despite a dramatic collapse across global financial markets. Crude oil prices have nosedived to a four-year low.

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US Dollar Fundamental Outlook: USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar could be at risk versus the Singapore Dollar, Malaysian Ringgit, Indonesian Rupiah and Philippine Peso if local bond yields continue their rout on the coronavirus outbreak.

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Yen, Euro and Franc Climb on Crude Oil Price Crash, China Data

The Japanese Yen led the way higher while global financial markets swooned as crude oil prices crashed and China published a dismal set of trade statistics.

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Canadian Dollar Sank, Yen May Gain After Dismal Chinese Trade Data

The Canadian Dollar fell with crude oil prices as the Dow Jones extended losses on coronavirus fears. The Japanese Yen may gain as the week starts after dismal Chinese trade news.

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Dow Jones, Oil Wobble on Virus. Gold Prices, Yen Soar. Fiscal Support Eyed

The Dow Jones gave up most upside progress as emergency easing from the Fed and BoC failed to materially soothe investors. Gold prices and the Japanese Yen soared as crude oil suffered. Amid the co...

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Dow Jones & DAX 30 Forecasts for the Week Ahead

Stocks remain threatened as investors continue to pressure risk assets and growth-linked commodities. With an upcoming ECB meeting, will markets be offered yet another lifeline in the week ahead?

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USD/MXN Outlook: Dollar Pushes Higher as COVID-19 Causes Flight to Safety

The Mexican Peso continues to lose ground against the US Dollar as risk-aversion continues to drive market sentiment.

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Gold Nears Record High as Yields Collapse & Volatility Rages

Gold price action surged toward all-time highs after notching the biggest weekly gain in nearly a decade. Can the precious metal press higher as interest rates implode or will bullion lose its luster?

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Euro Forecast: Will EUR/USD Rise Further in Week Ahead?

The markets are convinced the ECB will cut Eurozone interest rates Thursday but, with rates so low already, that’s unlikely to weaken EUR/USD.

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US Dollar Fundamental Outlook Mired by Bets for More Fed Rate Cuts

Fresh data prints coming out of the US economy may do little to influence the US Dollar outlook amid overwhelming expectations for another Fed rate cut in March.

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Crude Oil Weekly Forecast: Deal or No Deal - Oil Prices Continue to Slump

Oil remains stuck in bear market territory with prices unlikely to make any sort of rebound until OPEC and its allies agree on substantial output cuts

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Australian Dollar at Mercy of COVID-19 as China's Economy Slows

The AUD continues to be held hostage by the coronavirus as it undermines Chinese demand – the source of Australia’s economic vitality – and destabilizes the global recovery.

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Dow Jones, S&P 500 Forecast: Healthcare Stocks Pop After Super Tuesday

The Dow Jones and S&P 500 are trapped in a series of highly volatile trading sessions that has seen stocks falter. Still, political developments bolstered one sector in an otherwise ugly week.

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Canadian Dollar Outlook: USD/CAD at Highs – Breakdown Brewing?

Spot USD/CAD price action is ping-ponging around a critical technical level, which presents breakout or breakdown potential, as forex traders digest conflicting fundamental developments.

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S&P 500 at the Precipice as Coronavirus Uncertainty Permeates Markets

The S&P 500 put in an early week bounce that could not hold, even with the Federal Reserve announcing an emergency rate cut of 50 basis points. Markets are in disarray ahead of the weekend.

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Oil Prices Sink over 7 percent as OPEC Talks Crumble

Oil sinks over 7 percent as OPEC+ members fail to reach production cut agreement of 1.5 million barrels per day

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February US Non-Farm Payrolls (NFP) Prints at +273k

This morning brought the release of February Non-Farm Payrolls numbers.

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Canadian Labor Market: 30.3k Jobs Added in February Following BOC’s Rate Cut

This morning brought the release of net change in employment out of Canada to the tune of 30.3k vs the expectation of 11k.

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NFP: Nonfarm Payrolls Drives the US Dollar & Forex Volatility

Several fundamental forces can impact the US Dollar, but the monthly release of nonfarm payrolls in particular is a frequent driver of USD price action that tends to spark above-average forex volat...

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US Dollar Dethroned, Japanese Yen Soars as US Rates Implode

Uncertainty remains rife across global equity markets as US yields implodes. Japanese Yen and Euro jump as US Dollar Slides

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EUR/USD Price Soars as US Bond Yields Crumble to Record Lows

The US dollar is getting crushed in early trade and other G7 currencies are soaring against the greenback. EUR/USD continues its march higher as US Treasury yields freefall.

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US Dollar, Gold Price, S&P 500 Outlook: Impact of Emergency Fed Rate Cuts

Federal Reserve Delivers Emergency Rate Cut. How does the S&P 500, US Dollar and Gold Prices Typically Perform?

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British Pound (GBP) Latest: FTSE 100 Slumps, Sterling Rally Continues

The financial markets remain in turmoil ahead of the weekend with equity markets continuing to plunge and safe-haven assets continuing to soar. Later today, the latest NFP report should add to vola...

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US Dollar Analysis Ahead of Nonfarm Payrolls: What to Expect?

The US Dollar may fall if nonfarm payrolls data for February prints a dismal figure, further inflaming global slowdown fears and increasing the urgency for additional Fed easing.

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Crude Oil Prices at Risk on OPEC, Russia Spat. US Jobs Data Due

Crude oil prices may face selling pressure as OPEC and Russia clash over additional output cuts amid coronavirus worries. US jobs data may not help.

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