EUR/USD, PRICE FORECAST: MOST READ: Oil Latest – US Crude Trying to Nudge Higher After Another Week of Heavy Losses The Euro continues to hold the high ground against the Greenback following Tuesday’s explosive move to the upside. EURUSD is currently trading between two key levels with support provided around the 1.0840 handle and resistance
Australia’s Assistant Treasurer Stephen Jones outlined plans to regulate crypto and digital assets earlier. Long-time crypto fan, Australian businessman Mark Carnegie, founder of MHC Digital Group, a digital assets platform, says the higher regulation is needed: … we have nobody to blame but ourselves To the extent that anybody bitches and moans about regulation, we
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The EURJPY is trading in and up and down range over the last 5 – 6 weeks with most of the activity between 156.86 and 159.48. There have been a few wonders above and below that area, but those breaks were brief and did not gather much momentum. In trading today, the price has rebounded
AUD/USD ANALYSIS & TALKING POINTS Encouraging news from China back AUD. US data in focus later today. AUD/USD faces trendline resistance. Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar is tentatively pushing higher this morning after being depressed for some time. Chinese economic data (see economic calendar
Fed Governor Michelle Bowman spoke over the weekend and said: We should remain willing to raise rates at a future meeting if data show inflation progress has stalled. In considering further rate hikes and how long to keep rates restrictive, consistent drops in inflation will be looked for. Additional U.S. interest-rate increases will be needed.
