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Stocks wobble at start of FOMC week following surprise tech reboundDollar edges up as rate hike expectations strengthen againPound and aussie slip ahead of BoE and RBA decisions, commodities...
Another extraordinary week is coming up. The Fed is almost certain to raise rates, putting the spotlight on Chairman Powell, who needs to open the door for a smaller rate hike in December without...
EUR/USD beat strong resistance at 9920/40 for a buy signal. The break above the October high at 9999 confirms the buy signal targeting 1.0050 and 1.0100/20. As I write we held just 7 pips from...
AUD/USD is sharply higher for a second straight day. In the European session, the Australian dollar is trading at 0.6484, up 1.412. After losing over 1% on Monday, the Aussie has roared back with...
Dollar slides as US data disappointsPound gains on Sunak’s pledges, Aussie up on CPIsWall Street adds to gains on bets of slower Fed hike paceDollar loses more ground on less aggressive Fed...
AUD/USD has steadied today after two days of sharp swings. In the European session, the Australian dollar is trading at 0.6317, up 0.09%. It was a brutal start to the week for the Australian dollar,...
AUD/USD dropped close to 100 points in the Asian session but has recovered and is trading in positive territory.Australia’s labour market remains solidAustralia released September’s...
AUD/USD is considerably lower today, trading at 0.6273, down 0.57%.Employment Data Expected To Remain Strong Australia releases employment data on Thursday, with the markets expecting that the report...
Asian stocks were flashing green on the second day of trading, while Europe is poised to open in a similarly positive manner as sentiment continues to improve, albeit from very low...
Gold is holding below minor resistance at 1675/78 should re-target 1668/66, 1660/57 & then retest 1642/40. Gains are likely to be limited with first resistance at 1655/60. Shorts need stops above...
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