The Australian Dollar gave up some ground with the RBA keeping the cash rate at 3.60% but not ruling out further tightening down the track. Is a pause enough to push AUD/USD lower?
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Crude Oil Price Steady After Stunning Run Higher on OPEC+ News. Where to for WTI?
Crude oil prices are enjoying the view from new heights after an astonishing leap to start the week on the back of OPEC+ cutting their production targets. Will WTI recover further?
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US Dollar Slide Fast Approaching Pivotal Support Zone After ISM Manufacturing Miss
The US Dollar continued its slide, with disappointing ISM Manufacturing amplifying its selloff. This means the DXY Dollar Index is quickly approaching a pivotal area of support.
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Canadian Dollar Outlook: USD/CAD Breaks Down as Oil Soars, Trendline Support at Risk
USD/CAD breaks below the psychological 1.3500 level on Monday and falls towards trendline support at 1.3420, the next important technical floor to watch in the near term.
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GBP/USD Defies Confluence Resistance, EUR/USD at Brink of Major Bullish Breakout
GBP/USD and EUR/USD rally at the start of the week, supported by broad-based U.S. dollar weakness, with both pairs advancing towards key technical resistance levels at the time of writing.
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