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Australian Dollar Could Struggle With RBA Rate Call, GDP Figures
In the coming week Australian Dollar markets might just be able to look past the US-China trade story, at least for a while, as they contemplate a packed period of local economic news.
Weekly Gold Price Forecast: Kicking The Can On A US-china Trade War Phase 1 Deal
Gold prices had a tough November, their second worst month this year so far. But gold prices started to turn the corner late in the week, with five of the eight XAU-crosses finishing in positive territory.
Japanese Yen Price Outlook: USD/JPY Faces Resistance / Six-Month High
The Japanese Yen is down more than 0.8% against the US Dollar this week with USD/JPY rallying to levels not seen since May.
EUR/USD Price Ignores Better-Than-Expected Euro-Zone Inflation Data
Euro-Zone inflation increased in November with the headline number printing at 1.0%, up from a prior 0.7%, while the core figure was released at 1.3%, up from 1.1% in October.
Gold Prices Up, Markets Fret China Response To US Hong Kong Bills
Gold prices edged up on Friday as worries about the likely Chinese repercussions to Donald Trump signing legislation this week in support of democracy and human rights in Hong Kong continues to drain risk appetite.
Stock Market Crashes: Current Climate Compared To Prior Conditions
The stock market crash in 1990 followed the US invasion of Kuwait, which saw oil prices surge. In the lead-up, economic measures were unremarkable, but not to the degree that the subsequent market reaction would suggest.
China Makes A Bet Against The US Dollar As World Reserve Currency
Perhaps the most interesting news related to the US-China trade war at the end of November was not about the Phase 1 deal itself, but rather some financing moves China is making at the margins.
Trump's Trade Wars: The Global Economy Is Slowing
Evidence is mounting that US President Donald Trump’s trade disputes with countries and regions including China and the EU are reducing global trade flows and thereby having a harmful impact on economic growth worldwide.
Crude Oil Prices Hit By Stock Build, China Eyed As Trump Backs HK
Gold prices were supported as risk appetite dried up, with anti-cyclical, haven currencies like the Japanese Yen and Swiss Franc also gaining. Palladium made a record high before paring gains.
S&P 500 Trading To Pick Up Following Thanksgiving Week
When looking at Thanksgiving trading weeks of the past, a clear trend emerges. Both volume and range within the key US index trend under their normal levels.
Bitcoin Price Chart Turns Bullish, What Does This Mean For BTC/USD?
After suffering weeks of losses, the outlook for Bitcoin may have just turned bullish with the formation of an inverse head and shoulders pattern.
EUR/USD Re-Tests Confluent Support As USD Grinds At Resistance
The potent combo of high-impact data with low-liquidity can spell for fast moves in a market, and given the area of support that’s in-play on the EUR/USD pair right now, and breakdown potential remains going into tomorrow.
Euro Slides In Thin Trading Session On EU-US Trade War Headlines
Focus on the US-China trade war has temporarily shifted, although not off the topic of tariffs. This time, US President Donald Trump has turned his attention to the European Union.
EUR/USD Price Probing Support Ahead Of US Data Releases
EUR/USD sits just above 1.1000 with recent price action suggesting a test lower in the coming days.
Gold Prices Fall As US-China Trade Hopes Hold Up, US Data Eyed
Gold prices edged lower Wednesday with US-China trade headlines as ever driving market action.
Euro Forecast: On Weak Footing As November Winds Down; No ECB Rate Cuts Due
The Euro has had a forgettable November. Gaining ground thus far only against the Canadian Dollar (EUR/CAD 1.11% month-to-date), the Euro has seen modest losses accrue versus the other major currencies.
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