Dow, S&P 500, Nasdaq Jump on Debt Deal Hopes: More Gains on the Cards?

US equity indices jumped on Monday after reassurance from lawmakers that the country won’t default on its debt obligations, boosting hopes of a deal to raise the debt ceiling. The odds of further gains in the indices are high, technical charts suggest.

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Australian Dollar Drops on Jobs Data That May Assist the RBA. Where to for AUD/USD?

The Australian Dollar took a hit after employment data today revealed a loosening of the labour market that might serve to take the heat out inflationary pressures. Will AUD/USD sink?

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Gold Prices Fall Amidst US Debt Ceiling Deal Bets, Technical Setup Shaky

Gold prices fell on Wednesday as US debt ceiling breakthrough bets pushed up Treasury yields. XAU/USD’s technical landscape is looking increasingly shaky of late.

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