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US Dollar Backs Down After CPI, Holds Higher-Low Support

Posted by By 13/10/2021Posted inForex
The US Dollar put in another probe of resistance around this morning's CPI release, but buyers couldn't hold the bid and the USD is now putting in a pullback.
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New Zealand Dollar Forecast: NZD/USD Outlook Confined by Defined Range

Posted by By 13/10/2021Posted inForex
NZD/USD may continue to consolidate over the remainder of the week as the exchange rate fails to clear the opening range for October.
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S&P 500, Dow Jones & Nasdaq 100 Forecast: Market Remains Vulnerable

Posted by By 13/10/2021Posted inForex
The market is looking heavy still, with more weakness looking likely in the days ahead.
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USD Lifted, Gold Dips on Upside Inflation Surprise

Posted by By 13/10/2021Posted inForex
US CPI suggests inflation is not as transitory as initially anticipated
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EUR/USD Technical Outlook: Euro Could Squeeze Higher

Posted by By 13/10/2021Posted inForex
The EUR is stuck in a solid downtrend, but has a short-term pattern that could lead to a squeeze.
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Earnings Season: JP Morgan and Blackrock Blow Past Estimates

Posted by By 13/10/2021Posted inForex
Find out more about JP Morgan and Blackrock Q3 earnings
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Gold Price (XAU) Testing Resistance Ahead of US Inflation Data

Posted by By 13/10/2021Posted inForex
Gold is pushing into an area of technical resistance ahead of today's important US inflation report.
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British Pound (GBP) Price Outlook: GBP/USD Steady, Sterling Gains on EUR, JPY

Posted by By 13/10/2021Posted inForex
GBP continues to track USD higher against other currencies, with EUR/GBP down and GBP/JPY up as UK GDP growth data show a rapidly expanding UK economy.
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Norwegian Krone Jumps as US Dollar Weakens Ahead of US CPI. Will EUR/NOK Break Lower?

Posted by By 13/10/2021Posted inForex
The Norwegian Krone has gained ground since Norges Bank was the first G-10 central bank to raise rates last month. Can the Krone continue to strengthen?
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Crude Oil Prices May Turn Lower on US CPI, FOMC Minutes

Posted by By 13/10/2021Posted inForex
Crude oil prices may turn lower if US CPI inflation data along with minutes from September’s FOMC meeting amplify a hawkish shift in Fed policy expectations.
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