Teaser: The US dollar continues to march higher ahead of the US Federal Reserve meeting next week. Will the greenback correct lower or strengthen further post the FOMC meeting?
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Teaser: The US dollar continues to march higher ahead of the US Federal Reserve meeting next week. Will the greenback correct lower or strengthen further post the FOMC meeting?
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Major US indices registered their one-week high, as the VIX heads back to its year-to-date low. Oil prices continued its climb, while gold prices attempt to stabilise.
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Gold prices may face larger losses and a potential breakdown if the U.S. dollar maintains its upward trajectory in a context of rising Treasury yields.
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This article offers a technical perspective on USD/CAD, USD/JPY and AUD/USD, examining pivotal price support and resistance levels that warrant close attention in the upcoming trading sessions.
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The rand slumped after depressing local mining data and external US factors combine to push USD/ZAR towards R19/$.
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