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USD/CNH, Copper Outlook: Worrisome Chinese Data Takes Hold

USD/CNH, Copper Outlook: Worrisome Chinese Data Takes Hold

Lackluster Chinese Q2 GDP data paints a worrying picture for Chinese related assets including copper. USD/CNH bullish momentum in doubt after US dolla...
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UK CPI Preview – Will Rapid Price Growth Finally Abate?​​​

UK CPI Preview – Will Rapid Price Growth Finally Abate?​​​

​​While underlying inflation remains a concern, headline consumer price inflation is expected to be brought down by softer petrol prices and lower...
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GBP/USD Price Forecast: Cable Rally May Stall Ahead of UK Inflation Data

GBP/USD Price Forecast: Cable Rally May Stall Ahead of UK Inflation Data

Sterling appears to be making an effort at a retracement following last weeks extended rally. Will UK Inflation scupper the rally or provide bulls wit...
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EUR/USD Holding Firm Above 1.1200, EUR/GBP Toys With 20-Day Moving Average

EUR/USD Holding Firm Above 1.1200, EUR/GBP Toys With 20-Day Moving Average

EUR/USD is back at highs last seen in February 2022 as the greenback continues to drift lower....
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WTI and Brent Start Week on the Back Foot as Chinese GDP Underwhelms

WTI and Brent Start Week on the Back Foot as Chinese GDP Underwhelms

Oil prices finished last week on the back foot with underwhelming Chinese data this morning unlikely to help. Are we in for a retracement before bulli...
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US Dollar Finds Traction While China GDP Misses Estimates. Where to for USD?

US Dollar Finds Traction While China GDP Misses Estimates. Where to for USD?

The US Dollar consolidated to start the week while soft Chinese GDP numbers highlight growing concern for the economic recovery there. With the Fed in...
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Gold Price Gives Up Some Gains as the US Dollar Steadies. Where to for XAU/USD?

Gold Price Gives Up Some Gains as the US Dollar Steadies. Where to for XAU/USD?

The gold price is in the middle of its recent range near US$ 1,950 going into the new week with a US Dollar at a crossroads while the Fed is in a blac...
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Australian Dollar Holds Losses After China GDP; How Much More Downside in AUD/USD?

Australian Dollar Holds Losses After China GDP; How Much More Downside in AUD/USD?

The Australian dollar held the day’s losses against the US dollar after the Chinese economy grew less than expected in the second quarter. How much ...
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Asia Day Ahead: Subdued Start to the Week Ahead of Key China Data

Asia Day Ahead: Subdued Start to the Week Ahead of Key China Data

Earnings results from major US banks were somewhat mixed to end last week, with the Financial Select Sector SPDR Fund having formed a bearish engulfin...
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