A reprieve in the bearish trend to start Q4 but can gold bulls push anything more than a retracement? Or will higher rates continue to sink gold prices, longer-term?
USD/CAD may face a larger pullback over the coming days as the Relative Strength Index (RSI) falls back from overbought territory to indicate a textbook sell signal.
Senior Strategists James Stanley and Christopher Vecchio, CFA discuss trading at the start of October and the upcoming September US NFP report.
ECB President Lagarde recently delivered a speech on “Monetary Policy in the Euro Area” in which she suggested that further interest rate hikes are expected as price pressures are likely to persist
Oil prices rise and extend their recent rally on bets that OPEC+ will step in to defend prices by cutting supplies significantly at its production policy meeting this week.
AUDNZD is easing from recent highs following the RBA’s dovish 25 bps hike
FTSE 100 has rebounded off key psychological support as risk appetite turns positive. Softer USD and lower yields support gains while technical levels remain intact.
Job openings for August came in lower than expected, offering risk assets a renewed bid following the opening bell.
Asia-Pacific currencies are in focus as fourth-quarter trading begins ahead of the Reserve Bank of Australia’s rate decision. A Chinese holiday may drain liquidity and increase volatility.
EUR/USD trades higher, mainly due to external influences which begs the question of how long the bullish run will last. US jobs data could reignite the USD bull trend
Login with Google
Login with Facebook