Australian Dollar Forecast: AUD/USD, AUD/JPY Ponder Topside Breaks

The Australian Dollar looks to be on the verge of a bullish break higher in both AUD/USD and AUD/JPY. That said, technical hurdles to a potential breakthrough still exist.

from DailyFX – Market News https://bit.ly/2YHuQ5M
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Copper Price Outlook: Prices Supported by Outsized Market Imbalances

The COVID-19 pandemic sent copper tumbling earlier this year, but now effects from the pandemic have created outsized imbalances in the market, helping to propel copper to multi-year highs

from DailyFX – Market News https://bit.ly/3gBdZra
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VIX Index Jumps, US Dollar & Treasury Yields Spike Post-Powell

The VIX Index ‘fear-gauge’ turns conspicuously higher even as the stock market prints back-to-back record closes. Expected volatility appears on the rise with the US Dollar and Treasury Yields in t…

from DailyFX – Market News https://bit.ly/3b02Ije
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VIX Index Jumps, US Dollar & Treasury Yields Spike Post-Powell

The VIX Index ‘fear-gauge’ turns conspicuously higher even as the stock market prints back-to-back record closes. Expected volatility appears on the rise with the US Dollar and Treasury Yields in t…

from DailyFX – Market News https://bit.ly/3b02Ije
via IFTTT