The Australian Dollar's fundamental outlook darkened on Friday after the country's services sector contracted sharply in July.
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The Australian Dollar's fundamental outlook darkened on Friday after the country's services sector contracted sharply in July.
from DailyFX – Market News https://bit.ly/3eNZKRX
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Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.
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The broader US Dollar has struggled to sustain upward momentum gauging by the DXY Index. USD/JPY price action might see a renewed bid if PMI data comes in strong and pushes yields higher.
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Nasdaq 100 constituents pushed markets higher following a disappointing jump in unemployment claims. Treasury yields drop, pushing gold & tech higher.
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Gold finds itself at a crossroad ahead of a major week for markets. Surrounded on all sides by influential technical levels the coming days may be crucial for gold's price going forward.
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