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US Dollar Slides As Chicago PMI Points To Continued Manufacturing Decline
Hopes for a pickup in manufacturing activity were dampened this morning as Chicago PMI crossed the wires at the lowest mark since 2015, adding to weakness in the US Dollar.
Crude Oil Prices Gain As WHO Stops Short Of Advising Travel Ban
Crude oil prices rose in Asia on Friday after the World Health Organization came out against travel and trade restrictions despite declaring the coronavirus a global emergency in the previous session, having declined to do so earlier this month.
Canadian Dollar Forecast: USD/CAD Outlook Bolstered As Resistance Fails
USD/CAD broke through resistance around 1.32 on Wednesday, allowing for a continuation higher.
S&P 500, US Dollar Pressured As Treasury Yield Curve Inverts (Again)
An inverted yield curve has historically served as a strong barometer to gauge recession probabilities, which may prove its use as a bellwether to the next economic downturn once.
Gold Prices Rise Again As Market Eyes Next WHO Coronavirus Meet
Gold prices continued higher on Thursday with the spread of coronavirus still capping risk appetite in the Asia Pacific region and across the world.
Australian Dollar Forecast: AUD/USD Probes Support, Can It Rally?
Despite encouraging economic data and receding rate cut odds, AUD/USD slipped during January.
Fed Preview: US Dollar, Dow & Gold Performance On FOMC Decision Days
Fed monetary policy updates have generally weighed negatively on US Dollar performance and positively on spot gold prices while the Dow Jones has a mixed trading history.
Crude Oil Prices Rise Again Despite Virus Fears, Fed Meet Eyed
Crude oil prices looked set for a second day of rises Wednesday. US stock markets bounced back in the previous session although the spread of coronavirus is clearly keeping risk appetite, and therefore oil markets, in check.
Gold Drops On Solid Consumer Confidence Beat
XAUUSD is now trading under 1573.50 after the precious metal strengthened over the past week on Coronavirus fears.
Dow Jones & DAX Forecast: Key Levels To Watch Amid Coronavirus Risks
Risk sentiment remains on the backfoot as concerns over the Coronavirus continues to mount with over 4500 confirmed cases, while the death toll has risen to 106.
Gold Prices Steady As Virus Spread Saps Global Risk Appetite
Gold prices slipped a little through Tuesday’s Asian session but held broadly steady, with market worries about the ongoing spread of Wuhan-strain coronavirus still keeping demand for anti-growth haven assets underpinned.
Nasdaq 100, S&P 500 Forecasts: Will The Tumble Continue Despite Apple Earnings, FOMC Meeting?
The Nasdaq 100 gapped lower on Monday morning as coronavirus fears sparked risk aversion. Similarly, the S&P 500 suffered its largest gap lower since May 13.
Australian Dollar Price Analysis: Aussie Crushed, AUD/USD Nears .6700
Australian Dollar weakness has come back as one of the clearer 2020 FX trends.
Gold Prices And Yen Rise On Coronavirus Fears, Iraq Attack
Gold prices tracked higher haven demand lifted Treasuries and drove yields lower, boosting the appeal of non-interest-bearing alternatives.
Crude Oil, S&P 500 Sink As Gold Prices Rally - Market Volatility Back?
The S&P 500 experienced its worst week since August as fears of coronavirus spread into financial markets and anti-fiatgold prices rallied. Sentiment-linked WTI crude oil dropped about 7.6% in the sharpest decline over five trading days since May.
Dow Jones And FTSE 100 Forecast For The Week Of January 27
The Dow Jones remains elevated as tech and defensive sectors underpin the index. However, we see caution in chasing the market higher amid rising risks of a potential correction.
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