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Markets Week Ahead: Dow Jones, US Dollar, Gold, Bitcoin, Oil, Inflation, China, Jackson Hole, Fed
US stock indexes turned lower last week, with losses accelerating into the weekend as the US Dollar surged. Federal Reserve rate hike bets firmed up a bit after hawkish rhetoric from James Bullard and Esther George, two FOMC voters. The Dow Jones Industrial Average fell 0.86% on Friday, trimming ear
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Australian Dollar Outlook Driven by US Dollar
AUTRALIAN DOLLAR FORECAST: NEUTRALThe Australian Dollar made a 2-month high on a sinking US DollarCommodities are supported in this environment, further bolstering AUD Will external factors continue to steer AUD/USD direction? AUD/USD gained over the past week as the US Dollar took a hit from inflat
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Weekly Fundamental Euro Forecast: September ECB Hike Odds Stay Elevated
Advertisement Fundamental Forecast for the Euro: NeutralThe Euro saw widespread gains at the start of August; all EUR-crosses rallied except for EUR/USD rates.The economic calendar offers few meaningful data releases; there are less than ten ‘medium’ and ‘high’ rated data releases in total.According
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Yen Overwhelmed Dollar on Falling Benchmark Yields
#OPINIONLEADER# Dollar ended broadly lower last week, as the worst performer, as hammered by the events of FOMC meeting and GDP release. In short, Fed chair has signalled slower tightening pace ahead and the message was reinforced by another quarterly GDP contraction print. Whether th
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