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USD Daily Review March 7, 2018

USD Daily Review for March 7, 2018

AUD/USD Technical Outlook: Price Reversal to Gather Pace

The Australian dollar has responded to key weekly support on the heels of the RBA. Here are the updated targets & invalidation levels that matter


EUR/USD Pops as Dollar Bears Back in the Driver Seat: ECB, BoJ Await

Prevailing themes of USD-weakness and US equity strength have come back; but with a calendar full of related drivers, can Dollar-bears remain in-control long enough


US AM Digest: Dollar, Franc, and Yen Out of Vogue as Risk Appetite Jumps

The trio of safe haven currencies are reeling today as global trade concerns and geopolitical tensions on the Korean peninsula have faded.


USD/JPY and AUD/USD Forecast March 7, 2018

The USD/JPY pair spent the initial part of the trading session on Tuesday following, but found enough support underneath the 106 level to turn around and for…


EUR/USD and GBP/USD Forecast March 7, 2018

The Euro rallied during the day on Tuesday after initially pulling back, but the hammer that formed on Monday had already given us an idea that we are ready …


Are S&P 500, EUR/USD Unconcerned by Trade Wars or Shell-shocked?

Thwarting efforts by US politicians to soften the tariff rhetoric, President Trump reiterated his commitment to start trade wars.


Australian Dollar Reversal Pattern Still in Play After Local GDP

An AUD/USD bearish continuation pattern still remains in play after worse-than-expected Australia GDP data crossed the wires after trade war fears plagued the markets.


USDCAD in Focus After Top US Economic Advisor Resigns

The Canadian dollar trades at multi-months lows against the US dollar and further weakness could be on the cards after White House economic advisor Gary


USD/CAD Snaps Bullish Series- Outlook Hinges on BoC Guidance

Fresh comments from the BoC may prop up USD/CAD should the central bank shows a greater willingness to carry the current policy into the second-half


Gold Price Recovery May Fizzle as Gloomy Markets Bid Up US Dollar

Gold prices surged past chart resistance to break the near-term down trend but the recovery may fizzle as trade war jitters drive haven-seeking capital flows


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