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A new horizon: The economic outlook in a new leadership and policy era
The economic aftershocks of the COVID pandemic, which have dominated the economic landscape over the past few years, are steadily dissipating. These pandemic-induced economic effects are set to be largely supplanted by economic policy changes that are on the horizon in the United States.
Keep you updated here! 🎯
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US inflation data to take the spotlight
The ripple effects from the US Presidential elections are still being felt even two week’s after the Presidential election. In this week’s edition we are going to take a look at what has come to pass and what is in store for trader’s next week. Generally speaking, a high number of financial releases are due out and in particular heavy on the inflation front.
Inflation data to provide the Fed with the excuse to remain on hold? 🔎
Silver Price Forecast: XAG/USD surges above $31.00 as US yields fall
Silver price recovered some ground on Friday and reclaimed the $31.00 a troy ounce, boosted by falling US Treasury bond yields and despite a firm US...
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Australian Dollar retreats as US Dollar gains momentum after S&P PMI data
The AUD/USD declined just below 0.6500 as the market is focused on the US Dollar's...
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The end of the week is here. Focus of attention will be on Central Banks, FOMC and Consumer Confidence. Enjoy your weekend!
💸 The US Dollar Index advanced further and trespassed the 108.00 barrier for the first time since early November 2022 amid a gradual uptick in US yields across the curve.
https://fxstreet.page.link/Bp6rKAYhVaAkcxU39
US Dollar Weekly Forecast: Emperor Dollar
The US Dollar (USD) has not only kept its winning streak alive for yet another week, but it has also managed to hit levels not seen in over two years beyond the 108.00 hurdle when tracked by the US Dollar Index...
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US Dollar retraces from two-year high after PMI data, geopolitical uncertainty prevails
In Friday's session, the US Dollar Index (DXY) declined slightly after reaching a new two-year high amidst geopolitical...
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Weekly economic and financial commentary
United States: Back-up in Mortgage Rates a Setback for Housing The residential sector was in focus this...
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EUR/USD Weekly Forecast: No light at the end of the tunnel
It was an awful week for EUR/USD. In fact, the fourth quarter has been dreadful so far for the European...
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United States and Mexico: Special partners
The election of Donald Trump as President of the United States has raised fears that protectionist measures will be stepped...
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Downbeat PMIs cemented EUR/USD's fall
Although EURUSD had already fallen below the key historical level of 1.05 on Thursday, the weak PMI figures led to a further capitulation of buyers and a subsequent 1.5% fall in the single...
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NZD/JPY Price Analysis: Pair tumbles and eyes break of 90.00-92.00 range
The NZD/JPY pair has been on a downward trajectory for the past three days, shedding 0.27% on Friday's session to close near the 90.30...
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NZD/USD Price Analysis: Pair fell to lowest level since November, bears command
The NZD/USD pair extended its losses on Friday, declining by 0.54% to 0.5830, its lowest level since early...
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Canadian Dollar loses momentum on Friday
The Canadian Dollar (CAD) waffled into the midrange on Friday, testing into the low side but ultimately getting hamstrung as Canadian data comes in mixed and gets overshadowed by sentiment-bolstering US data...
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Gold price reaches two-week peak as US yields fall, geopolitical tensions rise
Gold price rallies to a new two-week high on Friday during the North American session as US Treasury bond yields...
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Dow Jones Industrial Average soars another 350 points
The Dow Jones Industrial Average (DJIA) has snapped its recent soft patch, extending its midweek bullish pivot into a firm Friday...
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Forecasting the upcoming week: Could Thanksgiving trigger a pause in the Dollar’s rally?
The US Dollar maintained its strongly bullish stance for yet another week, reaching levels last seen over two years...
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Mexican Peso slumps, shrugging off solid data
The Mexican Peso retreats for the third straight day versus the US Dollar, although economic data suggests the country’s economy grew in the third quarter while inflation edged...
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🛢️ Crude Oil back on track for 5% weekly gain after volatile Friday ride.
🇺🇸 US PMI release revealed US economy exceptionalism back on track.
💸 The US Dollar Index broke a fresh two-year high and gets to keep those gains heading into the last trading hours for this week.
Read More!👇
https://fxstreet.page.link/CECxmocnEW8Y33ACA
A (local) peak in Gold is now imminent – TDS
The downturn in Gold prices underscored by sharp liquidations from macro funds lined up exceptionally well with historical patterns surrounding drawdowns associated with macro fund liquidations from extreme levels, averaging between 7-10% over the last decade, TDS’ Senior Commodity Strategist Daniel Ghali...
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EUR/CAD Price Analysis: Pair extended losing streak, fell to lowest since February
The EUR/CAD extended its losing streak to four sessions, falling to a low since February on...
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EUR/USD outlook: Weak economic data pushed euro to the lowest levels in two years
EURUSD spiked to two-year low on Friday following weaker than expected data from Germany Q3 GDP/Nov PMI) and Eurozone (Nov PMI) which further soured already weak...
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Week Ahead – RBNZ to slash rates ahead of US and Eurozone inflation data
RBNZ set for third rate cut The Reserve Bank of New Zealand will kick-start the end of year policy meetings of the major central banks when it announces its decision on...
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