The Australian Dollar had a look lower after China’s PMI disappointed at 48, while local statistics showed an economy at the crossroads. Where to for AUD/USD?
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Etiqueta: DailyFX – Market News
Canadian Dollar Dented by GDP Data, But USD/CAD Near-Term Downtrend Holds
The Canadian Dollar fell as a GDP slowdown cooled BoC rate hike bets. Still, USD/CAD’s near-term downtrend remains in play. AUD/USD is eyeing Chinese PMI data.
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USDJPY Outlook Particularly Prone to Fed Messaging
The world’s largest central bank is going to absorb key event risk and is up against a media blackout before its next monetary policy decision. A concerted messaging effort will likely be put into play, and USDJPY may be among the most exposed of the major markets to how the forecasts land.
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Gold Price Forecast: Gold Bounce Continues, Crude Oil Tries to Set Support
Gold bulls are working a trend and Oil prices have put in a strong bounce from the psychological level at 75.
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USD Breaking News: CB Consumer Confidence Declines for Second Month, DXY Moves Lower
The CB consumer confidence report paints a rather mixed picture as respondents appear more upbeat about current conditions but fear for a tightening labor market
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Educ Arte Económico 