Australian Dollar Price Action Setups: AUD/USD, AUD/JPY
The Australian Dollar showed signs of life this week after setting a fresh two-year-low last Thursday. Can bulls hold the line in the Aussie?
The Australian Dollar showed signs of life this week after setting a fresh two-year-low last Thursday. Can bulls hold the line in the Aussie?
The Nasdaq 100 declined on Monday, losing ground for the second consecutive session amid a cautious mood on Wall Street ahead of key corporate earnings and the FOMC decision.
The Federal Reserve interest rate decision may lead to a near-term advance in USD/JPY as it appears to be reversing ahead of the monthly low (134.70).
The last week of July brings a US-centric economic calendar.
Treasury Secretary says US not in recession. She highlights addition of new jobs while markets brace for key data releases.
The FOMC decision will grab the spotlight this week. EUR/USD will likely weaken if the Fed surprises markets with 100 bp hike, but this is not the baseline scenario at this point.
Bitcoin prices fail to hold onto gains after rebounding off of $24,000 last week. CAC40 edges higher despite major event risk.
The Euro is bracing for impact as markets await the fate of Italian Prime Minister Mario Draghi while the ECB readies a pivotal policy announcement. Nord Stream 1 has come to life.
Learning to take losses (well) is an extremely important function of good trading.
DAX 40 fluctuates as investors look to earnings and economic pressure mounts.