Gold trades to a fresh record high ($1945), with the RSI pushing deeper into overbought territory ahead of the Federal Reserve rate decision on July 29.
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Gold trades to a fresh record high ($1945), with the RSI pushing deeper into overbought territory ahead of the Federal Reserve rate decision on July 29.
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Volatility risk may offer the US Dollar support against ASEAN currencies as the Nasdaq Composite nervously eyes key tech earnings, the outcome of extra fiscal support and China PMI data.
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The Australian Dollar could come under pressure in the coming week as local cases of Covid-19 continue to climb and tensions with China notably escalate.
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The Dow Jones fell to 26,400 support on virus and geopolitical headwinds. Gold surged above 1,900 to a nine-year high. Fed meeting, US GDP, earnings in focus.
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A macro forex trading guide exploring the US-Canada relationship and how to trade the Canadian Dollar through the prism of the Core-Perimeter model.
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