The Australian Dollar broke above 0.7600 amid surging iron ore prices and a better-than-expected AU jobs report. Meanwhile, U.S. stimulus talks progressed amid record-breaking Covid figures.

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The US Dollar took a nosedive during Thursday's trading session as global markets digested more dovish commentary from the Federal Reserve. Will USD price action slide further or is selling overdone?

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Gold lurched to a 4-week high following the December FOMC rate decision at which Fed Chairman Jerome Powell issued remarks that bolstered the precious metal’s outlook.

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Recent developments in the Relative Strength Index (RSI) point to higher crude oil prices as the indicator pushes into overbought territory for the first time since 2019.

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The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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