US Dollar (USD)

The "Trump Trade", "Blue Trade" and … Gold rate? There have been some major shake ups in the US election over the last couple of weeks, and they haven't gone unnoticed by the markets. The major news events are seen having an effect on…
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The next couple of days sees the release of two data points that are likely the most important for the week as the markets try to figure out where monetary policy is headed. US GDP figures as well as the Fed's preferred measure of inflation…
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Dow index (US 30) falls from grace Dow index eased its downward trajectory after the recent sell-off. After a brief dip, a hold above the psychological level 40000 has helped bulls regain control of the short-term direction. The record…
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The last time the ECB met, the result was what the headlines called a "hawkish cut". That's because the easing was widely expected, and was followed up by assurances that the ECB would stick to the data. And the data at the time (and since)…
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XAUUSD hits resistance Bullion attempts another leg higher after mixed data from Friday’s US jobs report. Even though NFP figures beat expectations, the unemployment rate jumped above 4%. The price seems to have secured a foothold around…
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Rising Crude: Fear or Greed Factor? Crude prices rose to the highest they've been in two months this week. Headlines were quick to point to Hurricane Beryl, which is in the southern Caribbean. It's the largest storm (Category 5) to be…
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USDCHF divergence threatens to fall lower The US dollar fell from its recent high after a bearish divergence emerged on the RSI. Following a pop above the psychological level of 0.9000, a brief pullback was contained as bulls held their…
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Japanese authorities are back to warning markets about the exchange rate once again. The yen once again weakened to a 38-year low against the dollar. Once again the market is talking about intervention. It seems like a never-ending cycle.…
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We're in the countdown to what is likely to be the most significant data release of the week for the markets: Friday's PCE Price Index. This is the preferred inflation measure for the Fed when it comes to setting rate policy. And there is…
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