AUD/USD ANALYSIS &TALKING POINTS Positive Chinese economic data bolsters AUD. Michigan consumer sentiment in focus ahead of FOMC next week. AUD/USD trading at key inflection point, 0.67 at risk. AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP Recommended by Warren Venketas Get Your Free AUD Forecast AUD found some support on Friday after better than expected Chinese data (see …
Crude Oil, WTI, China, Iran, Inventory Data, Technical Outlook – Talking Points WTI crude and Brent crude prices retreat in Tuesday’s Asia-Pacific trading US inventory data in focus in the days ahead as China’s Covid woes linger WTI crude oil’s technical posture is bearish below major moving averages Recommended by Thomas Westwater Introduction to Forex …
Crude Oil Prices Retreat Ahead of Inventory Reports as China Virus Cases Stay High Read More »
Fundamental Forecast for the Euro: Neutral The Euro saw widespread gains at the start of August; all EUR-crosses rallied except for EUR/USD rates. The economic calendar offers few meaningful data releases; there are less than ten ‘medium’ and ‘high’ rated data releases in total. According to the IG Client Sentiment index, the Euro has a …
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