AUD/USD is slightly lower to start the trading week as traders assess Chinese economic data amid a new round of lockdowns as the high-profile US jobs report approaches.
U.S. stocks rally on Tuesday on broad-based positive sentiment after Russia announces it will scale back some military activities to increase trust and give ongoing peace talks a chance of success.
AUD/USD appears to be reversing ahead of the October high (0.7556) as the recent rally fails to push the Relative Strength Index (RSI) into overbought territory.
Chris and Victor breakdown how the Fed’s hawkish sentiment might be a bluff to avoid high-interest rates.
EUR/USD surges and probes a key resistance area on Tuesday on easing geopolitical tensions after Russia says it will reduce military activity near Kyiv and Chernigiv while peace talks continue.
The resumption of talks between Russia and Ukraine lifts risk-sentiment, Gold and Oil retreat supporting US equities
US consumer confidence rebounds slightly in March, coming in at 107.2 vs 107 exp.
USD/JPY rose to its highest level since December 2015 after the safe-haven Japanese Yen weakened further as markets shifted to a risk-on stance in overnight New York trading.
Russia to sharply cut miliary operations in Kyiv and Chernihiv. Euro spikes
Brent oil is paring yesterday’s losses and continues to respect a multi-month bullish trend that could see recent highs come under pressure.
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