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US Dollar Gyrates As FOMC Minutes Underscore Divided Fed
The FOMC minutes from the September Fed meeting just crossed the wires, which revealed that central bank officials have mixed monetary policy outlook.
Crude Oil Price Building A Familiar Trading Pattern
A familiar pattern is emerging on the daily US crude oil chart. The recent heavy sell-off in crude was arrested as it neared a supportive zone between $50.50/bbl. and $50.70/bbl. and has turned higher.
Crude Oil, Gold Prices Turn To FOMC Minutes After Powell Comments
Gold prices and Brent may suffer after the FOMC minutes are published if the underlying tone in the text does not reflect the same level of urgency for easing that investors are expressing.
US Dollar Price Volatility Report: FOMC Minutes & Powell Eyed
Markets remain on edge ahead of US-China trade talks set to kick off later this week.
Dow Jones & DAX 30 Forecasts: Indices Show Signs Of Vulnerability
The Dow Jones slid lower on Tuesday, damaged by a deterioration in US-China trade talks following an announcement by the Chinese Commerce Ministry.
Oil Price Outlook: Crude Collapses Into Critical Support– WTI Levels
Crude Oil prices have collapsed over the past month with WTI plummeting more than 22% off the yearly highs last week.
Gold Price Forecast: Bid Revived On US-China Trade Spat
Risk markets are marginally positive in early turnover ahead of this week’s US-China trade talks in Washington.
USD/TRY: Turkish Lira Drops On Trump Tweet, Bitcoin (BTC) Gains
The tension between Turkey and the United States is back in the spotlight and putting pressure on the Turkish Lira.
Euro's Strong Start To October Comes As Attention Shifts To Brexit, US-China Trade War
The Euro has had a strong start to the new month and new quarter. Only one EUR-cross is lower through month-to-date, EURJPY, down by -0.20%.
Gold Price Technical Outlook: Gold Holds At Key Resistance
Gold prices continue to hold resistance at a key zone of prior support.
Crude Hold Above 2019-Low As OPEC Pledges To Stabilize Oil Prices
The price of oil has bounced back ahead of the 2019-low ($50.52) as the Organization of the Petroleum Exporting Countries (OPEC) mull additional steps to balance the energy market.
Q4 GBP Fundamental Teaser
Throughout the final quarter of 2019, UK politics will continue to outweigh the economics when it comes to providing volatility and direction for the Pound.
Q4'19 Euro Technical Forecast: Euro On Unstable Ground Versus G10 Currencies
The Euro enters Q4 on unstable ground versus many of the major currencies. Midway through Q3, fresh yearly lows were reached by the Euro against the Japanese Yen and US Dollar, due in part to speculation around European Central Bank monetary policy.
Japanese Yen May Be Less Comfortable Than It Now Appears
The Japanese Yen’s ties to global risk appetite have seen it gain in the past week as global trade and growth fears mount again, but there’s still reason to suspect that the currency might not prosper into year-end.
Gold Price Forecast For 2019 Remains Bullish On Divided FOMC
A greater divide at the Fed may push market participants to hedge against fiat-currencies, and the price of gold may exhibit a more bullish behavior over the rest of the year on the back of falling interest rates with an inverting US yield curve.
Dollar 4Q Forecast: US Dollar May Require Systemic Shock To Secure A Direction
While there are literally thousands of economic matters buffeting the world's most liquid currency, there are certain considerations that have commanded the Dollar’s reins more readily these past months.
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