AUD/USD Buoyed by Rising Iron Ore Prices as Traders Eye Westpac Consumer Confidence

The Australian Dollar rose against the US Dollar overnight, supported by higher iron ore and copper prices. The incoming August consumer confidence data from Westpac presents a risk to AUD.

from DailyFX – Market News https://bit.ly/3Q91Zjt
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USD/JPY Rate Struggles to Hold Above 50-Day SMA Ahead of US CPI

USD/JPY may face a larger pullback ahead of the update to the US Consumer Price Index (CPI) as the exchange rate struggles to hold above the 50-Day SMA (134.99).

from DailyFX – Market News https://bit.ly/3A7UF1K
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S&P 500 and Nasdaq 100 Glide Lower After Nvidia’s Revenue Warning Spooks Markets

The S&P 500 and Nasdaq 100 declined Monday, pressured by concerns about economic growth after Nvidia announced that quarterly revenue will miss guidance by a wide margin amid weaker demand.

from DailyFX – Market News https://bit.ly/3BSDpza
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Euro Technical Analysis – EUR/USD Trapped in Tight Range, EUR/JPY at Key Resistance

EUR/USD has moved within a tight range in recent weeks, bouncing between support and resistance, but a breakout could be just around the corner.

from DailyFX – Market News https://bit.ly/3Q9Q0SN
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