The Nasdaq Composite moved higher to start the month as moderating government bond yields allowed sentiment to return to markets. Today’s focus will be on the RBA rate decision.

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With all of the drama and news lately around short-sellers, it is important to understand how necessary and important they are to the US financial markets.

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The US Dollar traded mixed on Monday as EUR/USD edged lower while commodity currencies strengthened. AUD/USD price action looks teed up for volatility in light of the RBA decision on deck.

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The US Dollar has posted a string of gains in recent weeks as rising Treasury yields have threatened risk assets and currencies. USD/MXN may face consolidation as USD strength wanes and resistance …

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