Forex Market News

February 2018

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    Weekly Trading Forecast: All Eyes Still on the Federal Reserve

Weekly Trading Forecast: All Eyes Still on the Federal Reserve

By |February 18th, 2018|

Speculation on Fed monetary policy has driven volatility across the markets since the beginning of the month. Minutes from January's FOMC meeting promise more of the same ahead.

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    Global Stock Market Rebound Could Be In For a Test This Week

Global Stock Market Rebound Could Be In For a Test This Week

By |February 18th, 2018|

In the week ahead, markets will look to try and follow-through from last week, but look for more two-way trade as the rally gets tested.

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    Gold, Crude Oil Prices Extend Gains as US CPI Impact Lingers

Gold, Crude Oil Prices Extend Gains as US CPI Impact Lingers

By |February 17th, 2018|

Gold and crude oil prices continue to edge higher, reveling in US Dollar weakness triggered after Wednesday’s underwhelming US CPI data.

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    US Dollar Selling May Pause But the Respite is Unlikely to Last

US Dollar Selling May Pause But the Respite is Unlikely to Last

By |February 17th, 2018|

The US Dollar may stabilize after a week of brutal selling amid profit-taking before the weekend but any respite seems unlikely to prove lasting.

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    Gold Prices Bounces Back on Strong CPI but Preserve January Range

Gold Prices Bounces Back on Strong CPI but Preserve January Range

By |February 17th, 2018|

Gold prices are snapping a two-week losing streak as price pressures in the US mount. Here are the updated targets & invalidation levels that matter.

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    Crude Oil Price Sees Weekly Gain on OPEC Persistence, Weak US Dollar

Crude Oil Price Sees Weekly Gain on OPEC Persistence, Weak US Dollar

By |February 17th, 2018|

After a rough start to the beginning of February, Crude Oil remains bid and is bouncing off a handful of technical support points that could favor trend continuation.

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    Australian Dollar Vulnerable to Risk Trends and External Factors

Australian Dollar Vulnerable to Risk Trends and External Factors

By |February 17th, 2018|

The Australian Dollar appreciated this week as Wall Street recovered and volatility cooled. The currency seems vulnerable to risk trends and external factors going forward.

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    Yen Surges to 15-Month Highs: Japanese Inflation as a Pivotal Driver

Yen Surges to 15-Month Highs: Japanese Inflation as a Pivotal Driver

By |February 17th, 2018|

The Japanese Yen surged through numerous levels of resistance this week, continuing a rally that’s shown since December inflation printed at 33-month highs. Will next week’s inflation continue the course?

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GBP: A Self-Imposed Spell On The Sidelines

By |February 17th, 2018|

The recent insipid trade in Sterling against the EUR and, to a lesser extent, the USD leaves us neutral on the UK currency ahead of heavyweight domestic data and ongoing Brexit discussions.

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US Dollar May Fall Further on Timid FOMC Meeting Minutes

By |February 17th, 2018|

The US Dollar looks vulnerable to deeper losses as a cautious tone in minutes from January’s FOMC meeting fails to arrest capital outflows seeking rate hikes elsewhere.

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