AUD/USD falls towards 0.7070 but in the week gained around 0.15%
The Australian dollar finished the week in an upbeat tone, with gains of 0.15%. A dismal market mood was not an excuse for the AUD to appreciate vs. the greenback. … Read More
The Australian dollar finished the week in an upbeat tone, with gains of 0.15%. A dismal market mood was not an excuse for the AUD to appreciate vs. the greenback. … Read More
The GBP/USD is gaining up some 0.18% in the week amidst a thin liquidity trading session. A buoyant US dollar and risk-aversion weighed on the British pound in the week. … Read More
The headline ISM Services index fell to 62.0 in December from 69.1 in November. The New Orders subindex fell to its lowest since November. The Institute of Supply Management’s headline … Read More
The greenback gains some ground against the aussie, amid closed US equity and money markets. Covid-19 positive news improved investors’ mood as the year-end looms. AUD/USD Price Forecast: Bulls prepare … Read More
The US Dollar Index ended the week above the 96.50 threshold. The US 10-year Treasury yield finished down, at 1.412%. DXY Technical outlook: Breaks above the ascending triangle, USD bulls … Read More
XAU/USD recovered as the New York session winds down, up 0.85%. The US 10-year Treasury yield plunged, down almost ten basis points, finishing the week at 1.358%. XAU/USD: A break … Read More
US Treasury yields reversed from monthly high despite upbeat catalysts. FOMC Minutes, Core PCE Inflation favored bond bears. US inflation expectations drop back to three-week low. Thanksgiving Day holiday restricts … Read More
AUD/USD stretches Friday’s recovery moves from a five-week low. China Retail Sales, Industrial Production both crossed market forecast, prior during October. Market sentiment remains mildly bid amid stimulus hopes, receding … Read More
XAU/USD ended the day in a high tone, clung above $1,790.00. Fed’s Chairman Powell: High inflation will likely last well into next year. XAU/USD: Has an upward bias, but higher … Read More
USD/JPY soars during the week, despite US dollar weakness across the board. Rising US T-bond yields underpins the USD/JPY pair. US Retail Sales upwardly surprised, rose by 0.7%, more than … Read More