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FTSE 100 and Dow Looking Strong but Dax Struggling Again​​​​

FTSE 100 and Dow Looking Strong but Dax Struggling Again​​​​

Given the major events happening in global markets this week it is perhaps not surprising to see indices relatively muted in early trading, though the...
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USD/JPY, EUR/JPY Delicately Poised Ahead of Central Bank Week

USD/JPY, EUR/JPY Delicately Poised Ahead of Central Bank Week

The Yen enjoyed a slight uptick to start the week. Will the Fed and ECB rate decisions increase the likelihood of FX intervention by the BoJ?...
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Could the Fed Trigger a Deeper Retreat in Bitcoin & Ethereum? BTC/USD & ETH/USD Price Action

Could the Fed Trigger a Deeper Retreat in Bitcoin & Ethereum? BTC/USD & ETH/USD Price Action

This week’s drop makes Bitcoin and Ethereum vulnerable to any hawkish tone from the FOMC meeting later Wednesday. What are the key levels to watch i...
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Crude Oil Price Eases After Solid Rally as US Dollar Eyes the Fed Ahead. Higher WTI?

Crude Oil Price Eases After Solid Rally as US Dollar Eyes the Fed Ahead. Higher WTI?

Crude oil dipped slightly to start Wednesday as the market looks to the Fed meeting later today for hints on the direction of the US Dollar and Treasu...
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Gold Prices Rise, but Fed Chair Powell Will Likely Keep Life Difficult for XAU/USD

Gold Prices Rise, but Fed Chair Powell Will Likely Keep Life Difficult for XAU/USD

Gold prices took a shot towards the upside heading into the Federal Reserve interest rate decision. While optimistic, Chair Jerome Powell and company ...
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US Dollar Scenarios Ahead of Fed Rate Decision: EUR/USD, GBP/USD, USD/JPY Price Setups

US Dollar Scenarios Ahead of Fed Rate Decision: EUR/USD, GBP/USD, USD/JPY Price Setups

The US dollar has rebounded slightly against its peers ahead of the key US Federal Reserve interest rate decision later Wednesday. What are the potent...
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Australian Dollar Sinks on Benign CPI Data. Where to for AUD/USD?

Australian Dollar Sinks on Benign CPI Data. Where to for AUD/USD?

The Australian Dollar ran lower immediately after headline CPI printed at 6.0% year-on-year to the end of June, taking the heat out of potential hikes...
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Mixed Showing in Big Tech Results, With all Eyes on FOMC Meeting Next: Microsoft, AUD/NZD, US Dollar

Mixed Showing in Big Tech Results, With all Eyes on FOMC Meeting Next: Microsoft, AUD/NZD, US Dollar

Asian stocks look set for a subdued open, following a mixed showing in Microsoft and Alphabet’s result releases after-market....
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Canadian Dollar Forecast: as USD/CAD Finds Support, Retail Traders are Becoming Bearish

Canadian Dollar Forecast: as USD/CAD Finds Support, Retail Traders are Becoming Bearish

The US Dollar appears to be stabilizing against the Canadian Dollar of late. In response, retail traders have increased bearish USD/CAD exposure. Is t...
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