Etiqueta: DailyFX – Market News

Crude Oil Dips After Large Gains as US Dollar Finds Firmer Footing. Lower WTI?

The crude oil price eased a touch today as it remains trapped in a range with soft Chinese data and Madame Secretary Yellen not ruling out a US recession. US CPI is now in view.

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Gold Price Steadies as US Dollar Under Pressure Ahead of CPI. Where to for XAU/USD?

The gold price is poised near US$ 1,930 going into the new week with a US Dollar losing traction despite Treasury yields ticking north. Will real yields play a role in XAU/USD direction?

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Cracks Emerge in Japanese Yens Downtrend; USD/JPY CAD/JPY MXN/JPY Price Setups

The Japanese yen looks set this week to shed some of its gains against some of its peers, but cracks are starting to emerge in the Japanese currency’s broader downtrend that could limit any weakness.

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Asia Day Ahead: US Job Report Brings Cautious Start to the Week

Major US indices failed to retain its initial gains in the aftermath of the US June jobs report last week, with a mid-day sell-off on relative high volume forcing an eventual close in the red.

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