• March 9, 2023
  • Market News
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AUD/USD Price Forecast: Australian Building Permits Hits 12-Month Low

The Australian dollar is still under immense pressure despite a marginal comeback as AUD/USD hovers around the 0.6585 swing low....
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  • March 9, 2023
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S&P 500, Nasdaq 100 Perk Up but Risk Appetite Remains Subdued ahead of NFP Data

The S&P 500 and Nasdaq 100 advanced modestly on Wednesday, but gains were capped by subdued sentiment following Powell’s hawkish remarks ahead of the February U.S. jobs report....
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  • March 9, 2023
  • Market News
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USD/JPY Retreats as 200-Day MA Caps Gains

USD/JPY has finally cleared the 137.00 handle yet mixed signals hint at a potential retracement. Where to next for the USD/JPY?...
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  • March 9, 2023
  • Market News
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Bitcoin Price Forecast: BTC/USD Grinds Lower, Trapped Below $22,000.

Bitcoin prices struggle to gain traction after falling below $22,000. With price action making subtle moves, a rise in bearish momentum could drive BTC toward $20,000....
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  • March 9, 2023
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USD/CAD Gains After Bank of Canada Holds Rates Steady, Retains Dovish Guidance

USD/CAD extends gains after Bank of Canada holds rates unchanged and keeps dovish guidance...
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  • March 8, 2023
  • Market News
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USD Price Action Setups: GBP/USD, USD/CAD, USD/CHF

A lot has changed in the last 24 hours as Powell opened the door to a 50 bps hike, sending US yields and the dollar higher. How are currencies shaping up in the aftermath?...
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  • March 8, 2023
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Gold Price Forecast: $1800 Back in Focus as Price Consolidates Following Selloff

Spot gold remains above the 100 and 200-day MAs despite yesterday’s selloff. $1800 holds the key for a change in the technical outlook....
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  • March 8, 2023
  • Market News
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Euro Latest: Euro Area Growth Flatlines, EUR/USD Dancing to Powell’s Tune

The Euro Area recorded no growth in Q4, according to the latest Eurostat data, in line with analysts’ forecasts. EUR/USD unchanged after Tuesday’s Powell inspired heavy sell off....
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  • March 8, 2023
  • Market News
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British Pound (GBP) Forecast: Fading Risk Sentiment Knocks Back Sterling

GBP/USD is at the mercy of US economic data carrying over from yesterday testimony by Fed Chair Jerome Powell....
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  • March 8, 2023
  • Market News
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Crude Oil Prices Sink the Most in 2 Months, Eyes on Key Economic Data Next

Crude oil prices sank the most in 2 months after testimony from Fed Chair Jerome Powell. Ahead, WTI is eyeing DOE oil inventory data and JOLST job openings. Where to?...
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