AUD/USD Clears October High Ahead of Australia Employment Report

AUD/USD may attempt to retrace the decline from the September high (0.6916) as it clears the October high (0.6547).

from DailyFX – Market News https://bit.ly/3GibvyM
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S&P 500 Stalls at Resistance on Cautious Mood. Is the Stock Market Rally in Peril?

The S&P 500 stalls at resistance and pivots lower as bullish sentiment wanes after last week’s powerful rally, but the short-term technical bias remains somewhat positive.

from DailyFX – Market News https://bit.ly/3tsCIXV
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Bitcoin and Ethereum Crashed and Recovered Before. Will They Do It Again Now?

The rising interest rate environment, coupled with increased distrust in the crypto industry following recent scandals, could prevent Bitcoin and Ethereum from staging a significant rebound.

from DailyFX – Market News https://bit.ly/3UWWne5
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FX Week Ahead – Top 5 Events: Japan GDP; Canada & UK Inflation Rates; US Retail Sales; Australia Jobs Report

The coming days will produce a diverse offering of key data releases.

from DailyFX – Market News https://bit.ly/3UWWrL2
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Another Round of Gilt and Sterling Sales as the UK Heads into Recession

Dark days will be ahead of the United Kingdom, at least into mid 2024 as UK Chancellor Jeremy Hunt warns that tax rises will be for all and cut in government spending is inevitable.

from DailyFX – Market News https://bit.ly/3UYs1Im
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