Australian Dollar Eyeing Yearly High Ahead of RBA Minutes, Jobs Data
The Australian Dollar is eyeing a push to fresh yearly highs on positive Covid-19 developments ahead of the RBA meeting minutes and employme...
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Showing posts with label Forex news. Show all posts
Showing posts with label Forex news. Show all posts
Friday, 13 November 2020
Thursday, 12 November 2020
Australian Dollar Forecast: AUD/NZD May Rise on Positive Hong Kong GDP
Wall Street ended lower on the day as rising U.S. Covid cases pinged sentiment. Still, Asian economic data may boost risk appetite and prope...
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Wednesday, 11 November 2020
S&P 500 Lifted by Tech Gains, ASX 200 Eyes Key Chart Resistance
The technology sector regained strength on Wall Street, with the Nasdaq surging over 2% while the S&P 500 registered a smaller gain. The...
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Japanese Yen: USD/JPY May fall as Election Gives Way to Rising Covid Cases
The Japanese Yen may strengthen, causing USD/JPY to follow a falling wedge as election headlines fade away. The Covid situation continues to...
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Tuesday, 10 November 2020
Russell 2000 Index May Continue to Rise on Rotation Trade, AUD/NZD Eyes RBNZ
Investors in the U.S. equity market continued to rotate out of tech as the 10-year Treasury yield climbed to its highest level since March. ...
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Wednesday, 4 November 2020
Stocks May Surge if Biden Claims Nevada and Arizona After Michigan Win
The S&P 500 will continue to be on edge as votes in key states like Nevada and Arizona cross headlines. What are the margins looking lik...
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Tuesday, 3 November 2020
Gold Price Setup Ahead of US Presidential Election, Swing State Outlook
What is the outlook for gold ahead of the election, and how might it react to a Biden or Trump win? Investors are bracing for what will be a...
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Monday, 2 November 2020
Crude Oil Prices Ripe for Rebound One Day Ahead of Presidential Election?
Crude oil prices may be ripe for a rebound as the cycle-sensitive commodity shows signs of bottoming out at key support less than 1 day befo...
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Sunday, 1 November 2020
AUD/USD on Edge of Key Support Less Than 2 Days Before US Election
AUD/USD has been trading near critical support, though it has been reluctant to break lower. Are traders waiting for the outcome of the US p...
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Saturday, 31 October 2020
Euro Forecast: EUR/USD Outlook Bleak if 1.16 Support Breaks
A steep fall in EUR/USD is on the cards if strong support at 1.16 breaks after last week’s strong hint by the ECB that it’s planning still m...
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Friday, 30 October 2020
AUD/USD Breaks September Low Ahead of RBA, Fed Rate Decisions
The future implications of the US election may influence AUD/USD following the RBA and Fed rate decisions as Congress struggles to pass anot...
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Monday, 26 October 2020
GBP, AUD, USD Volatility to Swell on Cross-Continental Geopolitical Risks?
The British Pound, Australian Dollar and US Dollar may all experienced heightened periods of volatility as geopolitical risks in North Ameri...
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Sunday, 25 October 2020
US Dollar Still Struggling: USD/SGD, USD/IDR, USD/MYR, USD/PHP
The US Dollar may struggle finding momentum as markets remain in limbo until the presidential election. ASEAN currencies eye US GDP data, ea...
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Tuesday, 20 October 2020
NZD/USD Tracks Monthly Range Ahead of New Zealand Inflation Report
The update to New Zealand’s Consumer Price Index (CPI) may prop up NZD/USD as the headline reading for inflation is expected to recover in t...
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Monday, 19 October 2020
USD/CAD Rebound Sputters Ahead of Looming Vote on US Fiscal Stimulus
Fresh developments coming out of the US may influence USD/CAD as Congress prepares to vote on another round of fiscal stimulus. from Daily...
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Sunday, 18 October 2020
LIVE: Australian Dollar in Focus on China GDP Data
How will Chinese GDP data impact the Australian Dollar as well as the broader financial markets? Follow the release live here! from DailyF...
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Dow Jones, Hang Seng Weekly Forecast: Eyeing Chinese Data, US Earnings
Wall Street futures edged up on Monday with hopes that Chinese data will lift optimism about economic recovery. US corporate earnings contin...
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Thursday, 15 October 2020
AUD/USD Dips on Traders Recalibrating Fiscal Stimulus Risks. Biden Leads in Polls
AUD/USD may continue to decline as traders reassess the risks of a delayed fiscal stimulus package amid a spike in Covid-19 cases. Biden con...
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Wednesday, 14 October 2020
S&P 500 Falls With Stimulus Hopes, ASX 200 Gains as RBA Touts Easing
Wall Street stocks fell a second day on stalling fiscal stimulus efforts, which overshadowed strong corporate earnings. Australia’s ASX 200 ...
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Australian Dollar, AUD/USD May Fall as Jobs Data Underscores Dovish RBA
The Australian Dollar may extend losses after rising unemployment underscored an increasingly dovish RBA, opening the door to AUD/USD resumi...
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