The US Dollar eased again on Wednesday with US CPI front and centre for markets trying to interpret where the Fed is headed with rates. Will a surprise CPI see the DXY index make a break?
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Crude Oil Prices Rally Ahead of US Inflation Data as Retail Traders Turn Bearish
Crude oil prices are on a 4-day winning streak, up about 8%. Ahead of the US inflation report, retail traders are turning increasingly bearish, is that a bullish sign?
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AUD/USD Trapped in Lateral Channel, US CPI Could Spark Volatility Later this Week
AUD/USD has lacked directional conviction in recent months, with the pair trapped in a lateral channel moving back and forth between technical support and resistance levels.
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DAX Price Outlook: Reduced Volatility and Momentum Highlight Range Potential
The DAX has attempted a retest of the yearly high but fading momentum suggests an external catalyst will be needed to propel the index higher
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EUR/USD Crumples as Bears Reload, USD/JPY Still Licking its Wounds
EUR/USD fell sharply on Tuesday, extending losses for the second day in a row amid cautious sentiment. Meanwhile, USD/JPY eked out a small gain, but lacked strong directional conviction.
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