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Markets Week Ahead: Gold, Dow, Pound-Dollar, BoE Rate Decision, Fed Risk, PMIs
Article By: Rich Dvorak
Sunday, June 20, 2021 12:48 PM EDT
Markets were roiled by a wave of volatility last week largely in response to the Fed bringing forward its interest rate hike projections. This helped fuel a massive influx of US Dollar strength.
In this article: FXA, FXY, GLD, UUP, SPX, FXM, FXE, FXB, FXC, BITCOMP
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Trading Support And Resistance - Sunday, June 20
Article By: Daily Forex
Sunday, June 20, 2021 11:36 AM EDT
The Forex market showed a major increase in its level of volatility last week, with 56% of the important currency pairs and crosses again moving by more than 1% in value. Volatility is likely to fall somewhat or remain the same over the coming week.
In this article: FXE, FXA, FXB, FXC, FXY, UUP
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Forex Forecast: Pairs In Focus - Sunday, June 20
Article By: Daily Forex
Sunday, June 20, 2021 10:18 AM EDT
I see the best likely opportunities in the financial markets this week as being short of the EUR/USD currency pair until there is an end-of-day close at a new two-day high and I would do the same with AUD/USD.
In this article: FXE, FXA, FXB, FXC, FXY, UUP
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E Currency Markets Overreact After Getting Caught Offsides The Dollar
Article By: Dr. Duru
Sunday, June 20, 2021 9:26 AM EDT
The rush to adjust to the Fed’s message acknowledging increasing inflationary pressures has the look of an overreaction even if directionally correct.
In this article: FXC, FXE
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Canadian Dollar Outlook - USD/CAD Surge Now Hitting Extreme Levels
Article By: Nick Cawley
Friday, June 18, 2021 7:45 PM EDT
One of many USD-pairs that stand out is USD/CAD which looks to be starting a strong reversal of the 15-month sell-off from the March 2020 high of 1.4670.
In this article: FXC, UUP
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