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AUD/USD IG Client Sentiment: Our data shows traders are now net-long AUD/USD for the first time since Jan 20, 2023 when AUD/USD traded near 0.70.

AUD/USD IG Client Sentiment: Our data shows traders are now net-long AUD/USD for the first time since Jan 20, 2023 when AUD/USD traded near 0.70.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bea...
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Gold Slides Through Support as US Bond Yields Nudge Higher Ahead of the FOMC

Gold Slides Through Support as US Bond Yields Nudge Higher Ahead of the FOMC

US Treasury yields are inching higher ahead of Wednesday’s FOMC rate decision and this is weighing on the price of gold...
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GBP/USD Retreats as the Fed and BoE Hog the Limelight

GBP/USD Retreats as the Fed and BoE Hog the Limelight

GBP/USD struggled to hold above the 1.24000 level as the DXY found some buyers ahead of the FOMC meeting. Could the central banks inspire a breakout a...
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ASX 200 and KOSPI Technical Outlook: Kospi to Catch Up?

ASX 200 and KOSPI Technical Outlook: Kospi to Catch Up?

The ASX 200 index appears to have scope to rise further, albeit after a brief pause. The odds are rising that the South Korean benchmark index, KOSPI,...
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US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY

US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY

From a technical standpoint, the US Dollar might be readying to extend gains against its major peers. Where to for EUR/USD, GBP/USD, AUD/USD and USD/J...
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Euro Steadies Ahead of Crucial Fed and ECB Meetings This Week. Higher EUR/USD?

Euro Steadies Ahead of Crucial Fed and ECB Meetings This Week. Higher EUR/USD?

The Euro has backed away from last week’s peak against the US Dollar in anticipation of further tightening from the Federal Reserve tomorrow. Where ...
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Japanese Yen Technical Outlook: Looking for Cues from the Fed

Japanese Yen Technical Outlook: Looking for Cues from the Fed

The Japanese yen’s rally against the US dollar appears to have stalled in recent days as the market looks for further cues from the upcoming US Fede...
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Australian Dollar Skips a Beat on Chinese PMI and Domestic Data. Where to for AUD/USD?

Australian Dollar Skips a Beat on Chinese PMI and Domestic Data. Where to for AUD/USD?

The Australian Dollar nudged a notch higher after firm Chinese PMI numbers, while local statistics showed an economy potentially losing steam. Will AU...
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S&P 500 and Dollar Volatility – But Unlikely Trend – Before FOMC Wednesday

S&P 500 and Dollar Volatility – But Unlikely Trend – Before FOMC Wednesday

A week of heavy event risk has started with some tentatively provocative moves from the major corners of the market. The S&P 500 and Nasdaq 100 re...
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