Further Pain in Store for the Aussie Dollar?

AUDUSD PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda Get Your Free AUD Forecast Most Read: The Reserve Bank of Australia: A Trader’s Guide AUD FUNDAMENTAL BACKDROP, CHINA CONCERNS GROW The Australian Dollar is attempting to snap a three-day losing streak against the Greenback. Reserve Bank of Australia (RBA) Governor Lowe provided the Aussie Dollar

Dollar set for fourth week of gains, climbs back towards 145 yen By Reuters

© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration By Amanda Cooper LONDON (Reuters) – The dollar headed for a fourth weekly gain on Friday even after data showed U.S. inflation did not pick up as

Gold drops led by faster US PPI growth

Share: Gold price looks supported but needs to pass through more filters for a confident reversal. US inflation grew slower than forecasted in July as lower second-hand automobile prices offset rising rentals. US President Biden restricts some new investment in China in sensitive technologies. Gold price (XAU/USD) faces selling pressure as the United States Producer Price

OPEC Monthly Report Points to Tighter Oil Market, Cuts Continue

Oil (WTI, Brent Crude) Analysis OPEC’s demand forecast suggests tight oil market into year end Brent crude oil pulls back from resistance as bullish momentum subsides WTI crude oil tests trendline support on latest dip The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit

Light changes among major currencies so far today

The dollar is little changed in general so far today as the market mood has calmed down after the US CPI report yesterday. As mentioned earlier here, the data doesn’t really change the overall Fed outlook and so we’re back to the drawing board for most dollar pairs after the back and forth action yesterday.

Indices Little-Changed After Post-US CPI Volatility​​​​

Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Dow Jones Charts and Analysis ​​​FTSE 100 aiming to move above 7600 ​The index managed to push its way above 7600 yesterday but was unable to hold these gains. ​A reversal below 7540 and the 50-day SMA would be a bearish development and

Dollar steady after CPI release; sterling gains on GDP growth By Investing.com

© Reuters. Investing.com – The U.S. dollar steadied in early European trade Friday in the wake of the latest consumer inflation release, while sterling bounced after stronger-than-expected U.K. growth data. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, edged lower to 102.350 but remains on