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FX Week Ahead - Top 5 Events: July Canada Inflation Report & USD/CAD Rate Forecast

FX Week Ahead - Top 5 Events: July Canada Inflation Report & USD/CAD Rate Forecast

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The July Canada inflation report (consumer price index) is due out on Wednesday, August 21 at 12:30 GMT, and the data are expected to show a moderation in price pressures.

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EURUSD Gains on German Deficit Report, US Consumer Sentiment Sinks

EURUSD Gains on German Deficit Report, US Consumer Sentiment Sinks

by  Thomas Westwater

The US Consumer Sentiment Index printed a 7-month low as consumers worry about increased tariffs and trade war uncertainty. Meanwhile, reports out of Germany reveals willingness to run a fiscal deficit to bolster the economy if needed.

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OPEC Signals Bearish Crude Oil Outlook, GBP Corrects Higher - US Market Open

OPEC Signals Bearish Crude Oil Outlook, GBP Corrects Higher - US Market Open

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The Pound is once again firmer amid the corrective pullback in EUR/GBP, while OPEC signals bearish outlook for the oil market

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US Dollar May Rise if Fed Minutes and Jackson Hole Spook Markets

The US Dollar may rise if the Fed meeting minutes and commentary at the Jackson Hole symposium spooks markets and boost demand for liquidity.
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Sliding Crude Oil Can’t Look to Jackson Hole For Price Support

Crude oil prices continue to drop as the economic data keep huge question marks glowering over likely demand levels.
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Australian Dollar Bears Rule But May Not Turn Up Heat This Week

The Australian Dollar remains close to notable lows against its US counterpart and the market is still betting on aggressive rate cuts from the RBA
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FX Week Ahead - Top 5 Events: July Canada Inflation Report & USD/CAD Rate Forecast

The July Canada inflation report (consumer price index) is due out on Wednesday, August 21 at 12:30 GMT, and the data are expected to show a moderation in price pressures.
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Gold & Volatility Drop, Stocks Rise as Trade War Jitters Ebb

US-China trade war whiplash has damaged risk appetite, but market sentiment could be recovering judging by the latest drop in gold prices and volatility measures as the S&P 500 Index climbs.
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FX Week Ahead - Top 5 Events: August RBA Meeting Minutes & AUD/USD Rate Forecast

The August RBA meeting minutes are due to be on Tuesday, August 20 at 01:30 GMT, and the tone is likely to come in on the dovish side.
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Investors Ditch SPY & EEM ETFs for Gold as Uncertainty Persists

August has been a volatile month for markets following the July FOMC meeting and the US-China trade war escalation. ETF data reveals funds flowed from the S&P 500 and EEM into assets like gold.
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Silver Prices Ward Off False Breakout as Bottoming Effort Continues

Silver prices are spending more and more time above the downtrend from the 2014 and 2016 highs, suggesting that a long-term bottoming effort is taking shape.
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Sterling Price Outlook: British Pound Snaps Four Week Losing Streak

Sterling is poised to snap a four-week losing streak with price rebounding off downtrend support this week. Here are the levels that matter on the GBP/USD weekly chart.
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by  Thomas Westwater

EURUSD Gains on German Deficit Report, US Consumer Sentiment Sinks

The US Consumer Sentiment Index printed a 7-month low as consumers worry about increased tariffs and trade war uncertainty. Meanwhile, reports out of Germany reveals willingness to run a fiscal deficit to bolster the economy if needed.
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Crude Oil Price Coils in Symmetrical Triangle - How Will it Impact USD/CAD?

USD/CAD prices may breakout to the topside if crude oil prices breakdown further from here.
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OPEC Signals Bearish Crude Oil Outlook, GBP Corrects Higher - US Market Open

The Pound is once again firmer amid the corrective pullback in EUR/GBP, while OPEC signals bearish outlook for the oil market
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Gold Price Outlook: XAU Pull Back to Fibonacci Support

Gold prices remain overbought on a long-term basis but have pulled back to a key area of short-term support. How aggressive will bulls remain to be?
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ECB and Fed Monetary Shifts Have Outsized Global Influence

There has been the broadest shift in global monetary policy direction in a decade, according to a new report by ratings agency Fitch, and further loosening is expected.
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GBP/USD Price Action Shrugs Off No-Deal Brexit Threats

GBP/USD remains above 1.2100 and is likely to remain there as the pair are on track to make a bullish streak of five higher lows this, despite increased Brexit rebellion noise.
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US Dollar May Extend Gains vs Euro if Sentiment Data Sours

The US Dollar may rise against the Euro if University of Michigan sentiment reports sap confidence, driving demand for liquidity and subsequently pushing the Greenback higher.
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Asia Pacific Stocks Mixed As Wary Investors Eye US Bond Yields

Regional trade was short of an overarching theme as the week bowed out, but the Treasury market and next week’s Jackson Hole meeting were much in mind.
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US Dollar May Gain Versus Ringgit Despite Malaysia GDP Surprise

The US Dollar may resume its advance against MYR after Malaysian GDP surprised to the upside. The USD/MYR could rise down the road if trade war fears continue fueling haven demand.
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Gold Price Rise May Extend But Signs of Exhaustion Are Emerging

Gold prices may continue inching upward but technical cues pointing to ebbing momentum are warning of a possible pullback before the broader rise resumes.
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US Dollar and Yen May Rise on Japan, South Korea Trade War

The US Dollar and Japanese Yen may extend gains if the trade war between Japan and South Korea boosts demand for liquidity, though KRW weakness may be stemmed by FX intervention.
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Euro Decline Eyed, NZD too as Manufacturing Shrinks Most Since 2012

The Euro downtrend is in focus after the ECB dialed up stimulus expectations. NZD/USD is also at risk after New Zealand manufacturing PMI contracted by the most since 2012.
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by  Thomas Westwater

USD Firm After TIC Flows, China Trumped as Top Treasury Holder

U.S Net Long-term Treasury International Capital saw inflows of $99.05 billion in June as appetite for US Treasury debt increases, with Japan overtaking China as the top foreign holder of US Treasury securities.
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S&P 500 Forecast: Stocks Threaten Breakdown as TLT ETF Soars

The S&P 500 fluctuated between losses and gains on Thursday before finishing narrowly higher. Meanwhile, investors continued to clamor for safety in bonds.
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USD/JPY: US Dollar Price Action Eyes Consumer Sentiment Survey

USDJPY forex traders gear up for potentially sizable swings in spot prices with high-impact event risk surrounding Friday's release of August Consumer Sentiment data on deck.
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