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DailyFX,the free news and research website of leading forex and CFD broker FXCM, delivers up-to-date analysis of the fundamental and technical influences driving the currency and commodity markets. With nine internationally-based analysts publishing over 30 articles and producing 5 video news ...more

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USD/CAD, EUR/USD In The Spotlight Ahead Of ECB, BoC
Two of the cleaner 2017 trends come into question next week as Central Bank rate decisions out of Europe and Canada are released into markets.
Above-Forecast Canada CPI To Derail USD/CAD Rebound
Another 0.4% rise in Canada Retail Sales paired with a marked pickup in the Consumer Price Index may derail the near-term rebound in USD/CAD as it encourages the Bank of Canada to further normalize monetary policy over the coming months.
Flightless Bird NZD Sinks To Bottom While USD Stays Strong
NZD government coalition looking to JPY-style focus on export supporting currency regime.
USD/CAD Battle Lines Drawn Ahead Of Canada CPI
USD/CAD has carved out a well-defined monthly opening-range just below the 2012 trendline.
Gold Prices Snap Bearish Sequence Ahead Of More Fed Rhetoric
Gold prices may continue to recoup the losses from earlier this week as the precious metal snaps the recent series of lower highs & lows.
EUR/USD Support Bounce, USD Drops Ahead Of Pivotal ECB Meeting
EUR/USD has remained relatively bullish on longer-term charts, continuing to find support around a key zone. Near-term price action put in a bearish move in latter-September as we opened into Q4.
USD Stretches Towards Resistance: Yen, Aussie To Offer Opportunity
There are quite a few reasons for the Yen to remain as attractive as a funding currency, chief of which is the fact that the Bank of Japan remains uber-dovish.
Stagnant U.K. Household Earnings To Fuel GBP/USD Weakness
The batch of mixed data prints weighed on the British Pound, with GBP/USD pulling back from the 1.3300 handle to end the day at 1.3208.
Crude Oil Prices Menace Six-Month High, EIA Inventory Data On Tap, Gold Price Continue To Fall
Crude oil prices sank after conflict between local fighters and government forces in the Kirkuk province shut down two oil fields, stoking supply disruption fears.
USD/CHF Testing Make-Or-Break Resistance
USD/CHF is at a big resistance level and while the medium-term focus remains weighted to the topside, the immediate advance vulnerable while below this threshold.
Gold Prices Tumble As Fed Rate Hike Speculation Heats Up Anew
Gold prices turned lower as Fed rate hike expectations began to swell anew after a pause last week. Crude oil prices rose as government forces clashed with Kurdish fighters in Iraq’s oil-rich Kirkuk province, shuttering two fields.
A Weekly Technical Perspective On EUR, GBP & CAD
Euro turned from confluence resistance highlighted last month at 1.2042/80 with the pullback rebounding off the 50-line / August 2015 swing high at 1.1714 last week.
GBP/USD: Sterling In The Spotlight Ahead Of Carney, UK Inflation
Of particular interest for this week is the British Pound. Tuesday especially should be busy, as we get a pivotal CPI print that will help determine just how likely a rate hike might be out of the Bank of England before the end of the year.
FX Markets Turn To Inflation Data From New Zealand, The UK, And Canada
The British Pound’s post-Brexit base effect weakness has almost worked its way out of the system, but its influence will linger at the upcoming inflation release.
Euro Awaits CPI Release As Last Pit-Stop Before ECB Next Week
While the light economic calendar through October will continue for most of the coming week, there are some important releases that will help shape expectations for the EUR-crosses ahead of the European Central Bank policy meeting the following week.
Lackluster New Zealand CPI To Undermine NZD/USD Recovery
New Zealand’s 3Q Consumer Price Index (CPI) may undermine the near-term rebound in NZD/USD should the data print encourage the Reserve Bank of New Zealand (RBNZ) to carry the record-low cash rate into 2018.
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