US Dollar Price Outlook: DXY Eyeing Yearly Lows Ahead of FOMC Minutes

The US Dollar Index (DXY) is eyeing a test of the yearly low on vaccine progress and robust economic data ahead of the release of the FOMC November meeting minutes.

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Crude Oil Prices Break Key Chart Resistance as Vaccine Rally Heats Up

Crude oil prices are propelled by vaccine breakthroughs and prospects for a swift economic recovery. WTI reached an 8-month high after breaking a key resistance. A large API inventory build may thr…

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Canadian Dollar Forecast: AUD/CAD, CAD/CHF Nearing Key Levels

An improving economic backdrop is bolstering crude oil prices and in turn, the Canadian Dollar. Still, the risk-sensitive Australian Dollar continues to move higher. However, CAD/CHF looks to be ne…

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Nasdaq 100 May Lead Hang Seng, ASX 200 Higher as Vaccine-Rally Carries On

Asia-Pacific stocks look set to follow strong US leads higher on Wednesday. Sentiment was lifted by positive vaccine news alongside a kick-off of a presidential transition in the White House.

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Australian Dollar Analysis: AUD/USD Eyes 2020 High on Optimistic Sentiment

The risk-sensitive Australian Dollar was propelled higher along with a record-breaking day on Wall Street as markets cheered an improved picture for the 2021 outlook. The Asia-Pacific session may l…

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