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Euro Goes 1-on-1 with US Dollar as Markets Prep for Rate Hikes from Fed and Elsewhere

Euro Goes 1-on-1 with US Dollar as Markets Prep for Rate Hikes from Fed and Elsewhere

The Euro is equal to 1 US Dollar as markets strap in for an abundance of central bank action this week with the Fed being the headline act. Will a Fed...
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S&P 500 Volatility, Rising US Yields and Deepening Housing Recession Overshadowed by Fed Wait

S&P 500 Volatility, Rising US Yields and Deepening Housing Recession Overshadowed by Fed Wait

There were a few market holidays to start this week, but the fundamental wheels have not stopped turning. With rate speculation and recession fears sw...
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Hang Seng and Shanghai Composite Index Technical Outlook: At Crossroads

Hang Seng and Shanghai Composite Index Technical Outlook: At Crossroads

The Hang Seng Index is at a major support level, while the Shanghai Composite Index has witnessed a trend breakdown. What is the technical outlook for...
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Gold Prices Hinge on FOMC Decision as Speculators and ETF Traders Sour on XAU

Gold Prices Hinge on FOMC Decision as Speculators and ETF Traders Sour on XAU

Gold prices are little changed ahead of the Federal Reserve’s interest rate decision. Speculators and ETF traders are losing confidence in the XAU t...
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Australian Dollar Steady After RBA Meeting Minutes Ahead of Fed and BoJ

Australian Dollar Steady After RBA Meeting Minutes Ahead of Fed and BoJ

The Australian Dollar is caught up in the whirlwind of central bank actions this week as the RBA meeting minutes support higher domestic rates. Where ...
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Nasdaq 100 Manages to Climb Out of a Hole, Will the Nikkei 225 and ASX 200 Follow?

Nasdaq 100 Manages to Climb Out of a Hole, Will the Nikkei 225 and ASX 200 Follow?

The Nasdaq 100 managed to climb out of a hole to finish in the green on Monday, possibly setting up the Nikkei 225 and ASX 200 for a rosy session. But...
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USD/CAD Struggles to Test November 2020 High Ahead of Canada CPI

USD/CAD Struggles to Test November 2020 High Ahead of Canada CPI

The update to Canada’s Consumer Price Index (CPI) may keep USD/CAD afloat as inflation is expected to slow for the second month....
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USD/JPY Trades at Support as APAC Markets Look Higher Ahead of Japanese Inflation

USD/JPY Trades at Support as APAC Markets Look Higher Ahead of Japanese Inflation

Asia-Pacific markets look set to open higher after a rosy Wall Street session. Japanese inflation data is on tap as the Bank of Japan decision nears a...
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Crude Oil Price Reverses Ahead of 50-Day SMA to Eye Monthly Low

Crude Oil Price Reverses Ahead of 50-Day SMA to Eye Monthly Low

The price of oil may track the negative slope in the 50-Day SMA ($91.92) as it reverses course ahead of the moving average....
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