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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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Dollar And Risk Asset Reversals Throw Off Anticipation Of Major Tend Developments
One consideration working against the prospect of the Dollar mounting a serious recovery trend is the lack of sizable event risk ahead.
FTSE 100 And GBP/USD Approaching Important Zones – Another Dollar Story?
The FTSE 100 has gained a solid 13% appreciation since the lows of October 13th, 2022 at 6707 points per basis.
GBP/USD Catches Its Breath As The Dollar And Risk Sentiment Remain The Driving Force
Cable remains overextended against the greenback as we approach key resistance levels. The 1.2500 level should cap any further gains ahead of the FOMC and BoE meetings.
Crude Oil Forecast: EU Sets Russian Oil Price Cap At $60, OPEC+ Unchanged
Brent crude oil has already seen some significant price action this Monday after OPEC+ met and concluded that production will remain at prior output levels.
Euro Weekly Outlook: EUR/USD At The Dollar’s Mercy, 1.05 Still Key
Many things have been moving in favor of the euro without pertaining directly to the actions within the Eurozone, such as the easing of COVID-19 restrictions in China, a dovish Jerome Powell, weaker gas prices, and fading inflation in the US.
Australian Dollar Outlook: US Dollar Beat-up Boosts AUD/USD
The Australian Dollar remains at the mercy of US Dollar convolutions The Fed is trying to tell markets something, but it seems that the music is too loud A piquant economy presents a conundrum for the RBA this week, will they hike?
Keeping Up Dow Rally And Dollar Tumble Momentum May Be Difficult Next Week
Bullish milestones were hit this past week from the S&P 500 overtaking its 200-day SMA to the Dow returning and notching a technical ‘bull market’ but follow-through will prove difficult.
S&P 500, DAX 40 And ASX 200 Fundamental Forecast For The Week Ahead
The S&P 500 managed to break above the bound of this year’s most reserved 12-day range last week, but the ‘Fed tempo taper’ enthusiasm dramatically deflated.
EUR/USD Consolidates Above Psychological 1.0500 Level; Further Gains In Store?
EUR/USD alternates between gains and losses as the NFP release approaches. Can the NFP data offer the dollar some support?
USD/JPY Update: BoJ And Fed Chair Powell’s Comments Form Perfect Cocktail For Yen Gains
USD/JPY picked up steam yesterday as the dollar index recorded its worst month of losses in 12 years. Further downside ahead or time for a retracement?
Crude Oil Rises A Third Day From 76 Support As Risk Appetite Adds To Supply Data
Crude oil prices have extended their climb on the week to a third consecutive session, extending the rebound from a large technical level around 76.00.
USDJPY Outlook Particularly Prone To Fed Messaging
Monetary policy as a fundamental driver behind USDJPY is held firmly by the Dollar given that the Fed is on the bleeding edge of policy while the BOJ is anchored to extreme stimulus.
Crude Oil Price Looks Lower On China Lockdown Fears Ahead Of OPEC+. Where To For WTI?
Crude oil prices are under pressure on global growth concerns.
GBP Forecast: Pound Undeterred By Hawkish Fed Speakers, BoE’s Bailey In Focus
GBP/USD is trading higher this morning while attention shifts to the BoE’s Governor Bailey for guidance.
Gold Bulls May Want To Watch US Rate Forecasts, Silver Traders Follow Gold
Gold dropped -0.7 percent, ending a tepid recovery effort while silver dropped -2.5 percent for its worst showing in six weeks.
Can Germany’s Inflation Slow Down DAX’s Recovery?
Germany’s data release this week will highlight where the Eurozone and the DAX could be heading in the near-term future.
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