Australian Dollar Forecast: AUD/USD May Rise on China PMI Data
A wave of risk aversion moved through financial markets overnight, weighing on the risk-sensitive Australian Dollar. Will a robust PMI print out of China revive AUD/USD?
A wave of risk aversion moved through financial markets overnight, weighing on the risk-sensitive Australian Dollar. Will a robust PMI print out of China revive AUD/USD?
Will another hot US inflation report further stoke fears of an aggressive Fed policy tightening cycle?
The Dow Jones suffered much less than the Nasdaq 100 this past week as hawkish Federal Reserve bets dragged down the tech sector. The US Dollar is on the rise again with Treasury yields, leaving go…
Soft start to 2022 for equities as Fed hawks bring QT back into the equation.
The US Dollar Index (DXY) may reestablish an upward trend following the Federal Reserve interest rate decision as it appears to be trading within a bull flag formation.
The British Pound (GBP) has remained resilient against USD, EUR and JPY as price action tests critical levels. GBP/USD, EUR/GBP, GBP/JPY technical levels.