AUSTRALIAN DOLLAR PRICE, CHARTS AND ANALYSIS: Most Read: Short USD/JPY: A Reprieve in the DXY Rally and FX Intervention by the BoJ (Top Trade Q4) Elevate your trading skills and gain a competitive edge. Get your hands on the Aussie Dollar Q4 outlook today for exclusive insights into key market catalysts that should be on
© Reuters. U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo By Harry Robertson LONDON (Reuters) – The dollar rose on Tuesday after briefly falling to a one-month low on the back of a drop in U.S. bond yields, as weak economic data sent the euro sliding. Survey data
Share: Focus back on the Euro. Economists at Commerzbank analyze the single currency outlook. Euro might suffer a dampener if Eurozone PMIs do not stabilise The Eurozone PMIs, due for publication today, are likely to further dampen any hopes of an economic recovery. The indicators are likely to confirm the projections of our
© Reuters. Investing.com– Most Asian currencies advanced on Tuesday, reversing some recent losses as the dollar retreated from 2023 peaks before a string of key economic readings due this week, although risk appetite still remained weak. Soft purchasing managers index (PMI) readings from and also limited any major gains in regional currencies, as the data
Share: Australian Dollar extends gains as the US Dollar declines. Australia’s Manufacturing PMI eased to 48.0, while the Services PMI dropped to 47.6. China may approve over 1 trillion yuan in additional sovereign debt issuance. US Treasury Department confirmed the meeting with China to discuss bilateral economic policy matters. The pullback in US Treasury
National Australia Bank is forecasting a November Reserve Bank of Australia interest rate hike of 25bp, which will take the cash rate to 4.35%. NAB on the Q3 CPI data that’s due on Wednesday, 25 October 2023 at 11.30 am Sydney time, whoch is 0030 GMT and 2030 US Eastern time in summary: services inflation
Number of traders net-short has decreased by 28.09% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Germany 40 BEARISH 67.77% 32.23% 21.54% Daily 31.97% Weekly -0.65% Daily -28.09% Weekly 13.38% Daily 3.98% Weekly of clients are net long. of clients are net short. Change in Longs
Share: GBP/USD struggles to extend gains as US Dollar rebounds. UK Retail Sales dipped to 0.9% against the expected 0.1% decline. Upbeat US Treasury yields provide support to underpin the Greenback. GBP/USD struggles to continue the winning streak. trading around 1.2160 during the Asian session on Monday. However, the currency pair encountered a hurdle
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Japanese Yen (USD/JPY) Analysis Currencies appear immune to moves in the bond market Markets taunt Japanese officials as USD/JPY is merely pips away from 150 US Q3 GDP and PCE data could provide the catalyst for FX intervention The analysis in this article makes use of chart patterns and key support and resistance levels. For
