The US Dollar may get a tailwind from the Republican National Convention and President Donald Trump if commentary there inspires a flight to haven-linked assets.
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The US Dollar may get a tailwind from the Republican National Convention and President Donald Trump if commentary there inspires a flight to haven-linked assets.
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Recent developments in the Relative Strength Index (RSI) warn of a potential shift in EUR/USD behavior as the indicator establishes a downward trend in August.
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The Nasdaq Composite climbed 0.42% to a record high of 11,311, sending the major Asia-Pacific stock indices higher. However, 72% of the S&P 500 components ended lower.
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The Australian Dollar may extend a 5-month surge against its US counterpart as time-cycle analysis suggests a bullish 8-year rotation is afoot.
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Educ Arte Económico 