AUD/USD rallied on Tuesday after encouraging talks between U.S. President Joe Biden and Xi Jinping.

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The Euro backed away from resistance against the US Dollar as Fed commentary appears to be less one directional ahead of US PPI. If US-China relations improve, where to for EUR/USD?

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The US CPI release last week was undoubtedly one of the most market-moving events we have seen for the market in a while. It would seem with the response from the Dollar and risk assets that there is a hyper-sensitivity to inflation, yet we didn’t see that after the New York Fed’s relaying US consumer inflation expectations. So what should we watch to move the market’s ahead?

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The Relative Strength Index (RSI) may offer a textbook sell signal for the price of gold should the oscillator struggle to hold above 70.

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The Japanese Yen ignored soft GDP data as US Dollar gyrations remain in the driver’s seat with the Fed in focus for policy shift becoming mired in conflicting comments. Lower USD/JPY?

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