Technical Analysis: Watch these 3 set-ups over the Fed

The FOMC meeting tomorrow looms over the market as trends are mixed and there is little to drive FX sentiment in the very near term. The small bid seen in the dollar this week may be due to some investors …

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USD holding up for now, stocks drifting

Headlines * USD claws back losses after weak opening in a big week * US stock futures are flat with European stocks muted * Bitcoin bounces nearly 10% after hitting seven-week low USD bears started the week in fine fettle pushing …

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Chart Breakdown

We look at three of the most compelling trade set-ups, as seen by a veteran ex-City trader: USD/JPY bearish trend is strong The Bank of Japan meet next week but no changes are expected after they tweaked some of their …

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Reflation takes a breather

Headlines * US stocks flat, European markets more upbeat, earnings doing well * USD choppy with USDX trading just above 91 * ECB unchanged, awaiting press conference though no fireworks expected US equity futures are very modestly better bid today …

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Risk-off sentiment abates

Headlines * US stock futures steady, European bourses staging partial recovery * USD gains on virus and lockdown worries * Netflix set to open 8% lower as new subscribers hugely disappoint US equity futures are just about in the green …

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Stocks drift on virus worries

Headlines * US stock futures dip and European stocks off record highs for second day * USD trying to find comfort in rising bond yields * Netflix and IBM report quarterly earnings US equity futures are tracking European bourses lower …

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Dollar down n’out

Headlines * USD hits six-week lows amid positive European vaccine news * US stock futures dip, European stocks ease after record high * Bitcoin bounces after near 14% weekend fall on fears of US money laundering crackdown USD bears are in …

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“Buy everything” session in play

Headlines * Stocks push ever higher with another week of gains * USD mixed and sat on 50-day SMA * Gold scales seven-week highs, best weekly gain since mid-December * Bitcoin below $61,000 after Turkey announces ban on payments US …

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S&P500 itching to move higher

Headlines * US retail sales surge / splurge! (9.8% v 5.9% expected) * Stocks hovering around the highs, awaiting next catalyst * USD trying to break 3-day losing streak * More bank earnings, more blowout numbers US equity futures are …

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Monster bank earnings kick off the season

Headlines * Equities close to record highs, tech outperforming * USD off worse levels of the day but suffering * JPM starts earnings season with blowout quarter US stock index futures are modestly higher with an “all news is good …

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