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Author: David Song

Forex Outlook

USD/JPY Stalls at July-High; Outlook Unfazed by Powell Appointment

Posted By David Song

The series of failed attempt to test the July-high (114.50) raises the risk for a near-term correction in USD/JPY as the pair preserves the range from earlier this year.…

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Forex Outlook

Crude Oil Prices Struggle to Test 2017-High as U.S. Output Picks Up

Posted By David Song

Crude oil stand at risk of facing a near-term pullback as U.S. outputs continue to pick up, with prices stalling ahead of the 2017-high ($55.21).…

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Forex Outlook

Upbeat U.S. Non-Farm Payrolls (NFP) to Tame Post-FOMC EUR/USD Recovery

Posted By David Song

A marked rebound in U.S. Non-Farm Payrolls (NFP) may undermine the recent rebound in EUR/USD as it puts pressure on the FOMC to deliver a December rate-hike.…

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Forex Outlook

AUD/USD Rebound to Face Bearish Formations, Wait & See RBA

Posted By David Song

Broader outlook for AUD/USD remains tilted to the downside as the exchange rate preserves the bearish trends carried over from the summer months.…

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Forex Outlook

BoE Preview: British Pound Outlook Hinges on U.K. Hiking Cycle

Posted By David Song

Updates from Bank of England (BoE) may boost the appeal of the British Pound should the central bank pledge to further normalize monetary policy in 2018.…

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Forex Outlook

FOMC Preview: Hawkish Yellen & Co. to Fuel EUR/USD Correction

Posted By David Song

A batch of hawkish Fed rhetoric may boost the appeal of the U.S. dollar as Chair Janet Yellen and Co. appear to be on course to deliver a December rate-hike.…

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