The Australian Dollar eased today after finding support on Monday as the market digests RBA meeting minutes and ahead of the Wages Price Index this week. Is the trend intact for AUD/USD?
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The Australian Dollar eased today after finding support on Monday as the market digests RBA meeting minutes and ahead of the Wages Price Index this week. Is the trend intact for AUD/USD?
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EUR/USD has risen to another zone of technical resistance, driving Euro Dollar into another tight range. As volatility remains light, fundamentals could drive the next move.
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The precious metal has regained the $1840 level but with the US closed and with heavyweight data and event risk looming this week, volatility is likely in the coming days
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USD/JPY has stalled following last week’s 300-pip rally. Retracement is looking more likely before further upside.
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EUR/GBP & GBP/USD price action shows minimal changes to last week’s close as markets prepare for a slew of UK, US and eurozone fundamental data throughout the week.
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