AUDUSD Remains Above 200-day SMA
AUDUSD battles with 50-day SMA Stochastics point north but RSI flattens AUDUSD had a bullish […]
Market Analysis: AUD/USD and NZD/USD Trim Gains, Are Bears Back?
AUD/USD declined below the 0.6720 and 0.6700 support levels. NZD/USD is also moving lower and […]
AUD/USD Shrugs After Weak Confidence Data
The Australian dollar continues to have a quiet week. AUD/USD is trading at 0.6671 in […]
UK Employment Data Takes Center Stage Amid Market Caution
The forex markets have remained largely subdued in today’s Asian session, with most major currency […]
Market Jitters Rise as Indecisive Fed Outlook Sparks Risk Aversion Across Assets
Investors expressed clear dissatisfaction with last week’s US non-farm payroll report, not much due to […]
Loss of Interest Rate Support Weighed on Dollar
Markets Yesterday’s JOLTS report was yet another perfect illustration of market’s high sensitivity to the […]
USDX and AUDUSD at Critical Levels: Key Supply and Demand Zones to Watch
Fundamental Analysis The USD has been strengthening this week, driven by mixed U.S. economic data […]
AUD/USD Steady Despite Weak GDP
The Australian dollar is drifting on Wednesday. AUD/USD is trading at 0.6704 in the European […]
Data Releases in Line or Below Market Expectations Likely to Trigger the Largest Moves
Markets US equities went into a tailspin yesterday. The tech-heavy Nasdaq underperformed, racking up losses […]
AUD/USD Sinks Ahead of GDP
The Australian dollar is sharply lower on Tuesday. AUD/USD is trading at 0.6732 in the […]
Commodity Currencies Trade in the Defensive
Markets European stocks opened in red, ended in green. German yields added some 3-4 bps, […]
Copper weakness deepens, adding pressure on Aussie
Spot copper prices fell notably last week after Goldman Sachs abandoned its long-standing bullish position. […]