The AUDUSD moved higher in trading today. Fundamentally, the RBA meeting minutes showed that the debate was for a 25 basis point hike which helped to support the AUDUSD in trading today. The move to the upside extended in the early North American session up to the high price from last week (on Friday) at
Bitcoin (BTC) and Ethereum (ETH) Prices, Charts, and Analysis: Bitcoin is rallying ahead of Wednesday’s FOMC meeting. Open interest is moving higher. Learn How toTrade Cryptocurrencies Recommended by Nick Cawley Get Your Free Introduction To Cryptocurrency Trading Bitcoin is back above $27k today as open interest in the largest cryptocurrency by market cap continues to
Crude Oil, WTI, Brent, Saudi Arabia, China, Aramco, Fed, EIA, API, Backwardation – Talking Points Crude oil jumped to print fresh highs again yesterday Worries over China appear to be being ignored for now The oil market structure might be supportive of higher WTI Recommended by Daniel McCarthy Understanding the Core Fundamentals of Oil Trading
© Reuters. Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Harry Robertson and Vidya Ranganathan LONDON/SINGAPORE (Reuters) – The U.S. dollar hovered near a six-month high on Monday as traders looked ahead to interest rate decisions from the Federal Reserve, the Bank of England and
The currency pair has been climbing for the second consecutive day, reaching a nearly two-week high during Friday’s Asian trading session. The pair’s increase is largely attributed to optimism over additional stimulus from China and positive Chinese economic data. China’s National Bureau of Statistics (NBS) reported that the country’s August retail sales grew by 4.6%
Share: US oil took a small hit on Friday, but is rebounding firmly to hold $90/bbl. OPEC production cuts are squeezing crude prices into the ceiling. The next hurdle for buyers will be pushing crude into $100. West Texas Intermediary (WTI) US crude oil hesitated in Friday trading, dipping to $88.60 per barrel before
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Elizabeth Howcroft LONDON – The U.S. dollar was just below a six-month high in early European trading on Friday, having strengthened overnight following U.S. economic data, while the yuan got a boost from better-than-expected Chinese
© Reuters. Investing.com– Most Asian currencies rose on Friday as more stimulus measures and positive economic readings from China helped boost risk appetite, while the dollar traded near six-month highs. China announced another cut to its reserve requirements for local banks, unlocking more liquidity to support a slowing economic recovery. and data also read higher
Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy A significantly stronger-than-expected US August retail sales (0.6% month-on-month versus 0.2% forecast), along with firm expectations for a rate hold from the Fed next week, fed into some soft landing hopes overnight. Major US indices registered a new one-week
Australian Dollar, AUD/USD, BoJ, RBA, Fed, Treasury Yields, ACGB, JGB – Talking Points The Australian Dollar has found firmer footing going into Tuesday The BoJ pondered policy adjustments and the US Dollar sank in the aftermath RBA and Fed policy could impact back-end yields. Will they boost AUD/USD? Recommended by Daniel McCarthy Forex for Beginners
