Australian Dollar Forecast: AUD/USD on Cusp of Opening Range Breakout
AUD/USD may stage a larger recovery over the coming days if the exchange rate manages to clear the opening range for February.
AUD/USD may stage a larger recovery over the coming days if the exchange rate manages to clear the opening range for February.
Rate hikes are coming – a matter of when, not if.
The update to the US Consumer Price Index (CPI) may influence the near-term outlook for USD/CAD as inflation is expected to increase for the fifth consecutive month.
Bitcoin prices benefited from a shift in risk appetite but geopolitical tensions and US CPI data may provide an additional catalyst for price action.
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The U.S. Senate Banking Committee is scheduled to vote on Feb. 15 for President Joe Biden’s recent picks for the Federal Reserve. If confirmed, they could change the composition of the Fed’s increa…
The rally in the EUR-crosses may be finished.
Canadian imports surge in December while exports witnessed a miniscule increase. US revisions to the November data resulted in a worse than anticipated print
AUD/USD is slightly higher in early Asia-Pacific trade as markets eye Chinese PMI data. A light week ahead on the economic docket may leave prevailing risk trends intact.
The current oil pullback appears amid oversold conditions and the revival of US-Iran talks which, if successful, could see Iranian supply re-enter the market