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GBP/USD Outlook: Pound Dollar Lacks Conviction as Price Action Stalls

GBP/USD Outlook: Pound Dollar Lacks Conviction as Price Action Stalls

GBP/USD has fallen into a technically significant zone after a strong rebound off the September high drove price action into barrier of resistance tha...
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S&P 500 and Nasdaq 100 Latest – Bearish Sentiment Prevails Ahead of the Fed

S&P 500 and Nasdaq 100 Latest – Bearish Sentiment Prevails Ahead of the Fed

US equity markets are stabilizing just off their weekly lows in thin turnover with little in the way of data or events to help shift market sentiment....
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WTI Tests Biden’s Price Range for SPR Refills after Yesterday’s Fresh Yearly Low

WTI Tests Biden’s Price Range for SPR Refills after Yesterday’s Fresh Yearly Low

The WTI bear trend continues despite OPEC+ output cuts and positive re-opening news out of China. Can Biden’s target price for SPR refills act as an...
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USD/CAD Eyeing Upside Breakout Following Dovish BoC Rate Hike

USD/CAD Eyeing Upside Breakout Following Dovish BoC Rate Hike

The Bank of Canada hiked rates by 50bps accompanied by a dovish outlook keeping USDCAD on the offensive. YTD high looks vulnerable as FOMC approaches....
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AUD/USD Forecast: Aussie Steady but Key 0.67 Level at Risk

AUD/USD Forecast: Aussie Steady but Key 0.67 Level at Risk

AUD/USD is trading at key technical levels that may result in a weaker Aussie dollar ahead of next week’s Fed rate decision....
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Japanese Yen Struggles Against a US Dollar Finding Firmer Footing. Higher USD/JPY?

Japanese Yen Struggles Against a US Dollar Finding Firmer Footing. Higher USD/JPY?

The Japanese Yen dipped today as GDP weighs and the US Dollar regains its ascendency with building concern for a significant slowdown next year. Where...
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Euro Bumped up by US Dollar Weakness and a GDP Beat. Where to for EUR/USD?

Euro Bumped up by US Dollar Weakness and a GDP Beat. Where to for EUR/USD?

The Euro has steadied against the US Dollar on Thursday as the market ponders the path of Fed rate hikes and technical resistance levels remain overhe...
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Crude Oil Price Outlook: WTI Set for Worst Week Since March? Falling Wedge in Focus

Crude Oil Price Outlook: WTI Set for Worst Week Since March? Falling Wedge in Focus

Crude oil prices are nearing a 10 percent loss this week, which would be the worst since March amid rising recession woes. WTI appears to be trading w...
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S&P 500 and USDJPY Abide Technical Ranges Even as Volatility and Recession Fears Grow

S&P 500 and USDJPY Abide Technical Ranges Even as Volatility and Recession Fears Grow

The economic docket is thinning out, shifting the focus from imminent volatility catalysts to anticipation for the heavy fundamental seas next week. T...
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