Indices had a poor start to the week yesterday, but have picked some small gains in early trading today.
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Indices had a poor start to the week yesterday, but have picked some small gains in early trading today.
from DailyFX – Market News https://ift.tt/2cQLwSh
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Gold prices hover around $1930 as traders await guidance from Fed Chair Jerome Powell as to the future of the US interest rate cycle.
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The euro looks deeply oversold against some of its peers ahead of the Fed’s interest rate decision. How sustainable the bounce turns out to be remains a question. What is the outlook for EUR/USD, EUR/GBP, and EUR/JPY?
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Crude oil prices peaked at new levels again today in the face of concerns for China’s growth prospects undermining it but backwardation is back in play. Will WTI break USD 100 a barrel?
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Australian Dollar crosswinds create uncertainty for direction with the RBA meeting minutes verify that the debate for hikes is up in the air and will be data dependent. Where to for AUD/USD?
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