USD/JPY May Rise at Trendline Support Following Bank of Japan Rate Decision

USD/JPY is testing trendline support following a third weekly loss. Yen traders will have their eyes on the upcoming Bank of Japan rate decision this week.

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Euro Forecast: EUR/USD Outlook Still Constructive After Break Above 1.20

Last week saw EUR/USD break above 1.20 for the first time since early March; now it will likely pause for breath before possibly strengthening further.

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US Dollar Price Forecast: DXY to Slide Lower Ahead of FOMC Rate Decision

The Federal Reserve’s dovish stance may counterbalance a series of robust economic data prints and limit the US Dollar’s upside against its major counterparts.

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Crude Oil Prices Down on Asian Demand Concerns Amid Viral Resurgence

Crude oil prices retreated slightly as viral resurgence in Japan and India clouded Asia’s energy demand outlook. This week’s OPEC+ meeting will be closely eyed by oil traders.

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Gold Prices Rebound as the USD Falls, Japan in State of Emergency Again

Gold prices rebounded modestly amid a weakening US Dollar. Japan declared a new state of emergency in Tokyo, Osaka and two other prefectures as Covid cases surged, buoying demand for safety.

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