The Australian Dollar is languishing to start the week after moving lower last week as the US Dollar found support with Treasury yields running higher. Will AUD/USD find traction?
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Markets Week Ahead: US Dollar, Gold, Crude Oil, Nasdaq 100, RBNZ, FOMC Minutes, CPI
The US Dollar outperformed alongside Treasury yields last week, pushing down gold prices. Meanwhile, crude oil prices just barely managed a 7th consecutive weekly gain. What is in store for markets in the week ahead?
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Oil Update: OPEC Monthly Report Points to Tighter Oil Market, Cuts Continue
Record US oil production partially offsets OPEC’s output drop but the global oil market is set to get tighter into year end
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Indices Little-Changed After Post-US CPI Volatility
Stock markets dropped back after yesterday’s CPI figure, but are attempting to move higher again this morning.
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AUD/USD Technical Outlook: Further Pain in Store for the Aussie Dollar?
AUD/USD may experience a short-term bounce following comments by the RBA Governor. The medium-term picture leaves the Australian Dollar looking vulnerable from both a technical and macro perspective.
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