Share: EUR/USD consolidates in a narrow trading band through the Asian session on Thursday. The fundamental backdrop and the technical setup support prospects for further losses. A convincing breakout through the descending channel hurdle will negate the bearish bias. The EUR/USD pair struggles to gain any meaningful traction on Thursday and oscillates in
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Australian Dollar, AUD/USD, US Dollar, Unemployment, CPI, RBA, China – Talking Points The Australian Dollar crumbled after today’s jobs numbers The RBA meeting has taken on a new light with inflation in its sights The market is eyeing next week’s CPI. Will it drive AUD/USD direction? Recommended by Daniel McCarthy Get Your Free AUD Forecast
While the number of jobs added during September, at +6.7K, is a disappointment the other ‘headline’, the unemployment rate, dropped to 3.6% from 3.7%. Due to a big drop in participation. The split between full- and part-time employment change is ugly: full-time nearly -40K part-time +46.5K لینک منبع : هوشمند نیوز
Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: US Dollar Outlook: USD/JPY Flat, AUD/USD Dives after Rejection, USD/MXN Soars EUR/USD TECHNICAL ANALYSIS EUR/USD pulled back on Wednesday after failing to clear channel resistance located just below the 1.0600 handle,
© Reuters Credit Agricole (OTC:) highlighted an unusual divergence in the financial markets on Wednesday. Despite US 2-year rates and 10-year yields hitting their highest levels since 2006/2007, the US dollar (USD) remains sluggish. This discrepancy is driven by rising global rates, particularly in Australia, and a strategic pullback from overextended USD long positions in
Share: The Canadian Dollar is falling back into familiar lows on Wednesday as investors pull up stakes. Canada Housing Starts came in better than expected, but risk-off flows are dominating. Thin calendar docket for the CAD until Friday’s Retail Sales. The Canadian Dollar (CAD) is falling back in the American market session as
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XAU/USD, XAG/USD PRICE FORECAST: MOST READ: GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD Post UK CPI Gold extended its gains throughout the day today in light of increased risk aversion from market participants. The rise of the risk-off environment today comes courtesy of an explosion of a hospital in Gaza last night which saw both
