Australian Dollar Outlook: Data is Mixed but Lead Looks Ominous
The Australian Dollar has tanked in the aftermath of a hawkish Federal Reserve and Chinese growth concerns ahead of the RBA meeting. Will higher interest rates boost AUD/USD?
The Australian Dollar has tanked in the aftermath of a hawkish Federal Reserve and Chinese growth concerns ahead of the RBA meeting. Will higher interest rates boost AUD/USD?
Gold and Silver have suffered big blows throughout the year as USD strength continues to run. In Gold, the $1700 level came in as key support this week – but can it hold for long?
Americans are deeply unhappy with the state of the US economy ahead of midterm elections.
ECB member Isabel Schnabel delivered a speech at the Jackson Hole Economic Symposium outlining the commitment to curb inflation, even at the expense of growth, which would also maintain Central Ban…
Sterling remains under severe pressure due to a combination of factors that may be compounded by a new Prime Minister.
USD goes from strength to strength. Euro holds steady amid cross-Euro buying
The U.S. economy created 315,000 jobs in August, a healthy but slower pace of hiring than seen in recent months. Meanwhile, the unemployment rate rose to 3.7%.
The blue-chip index bounced off support in European trade only to see gains capped by a markdown to housebuilding stocks.
EUR/USD now faces an increasingly hawkish ECB as markets await NFP data later today. What’s next for the euro?