Australian dollar loses momentum as GDP predicts a slowdown in Q1
Australian dollar is falling, probably due to an unexpected current account deficit…
Japanese yen is struggling due to carry trade and interest rate differentials
Japnese Yen is falling due to the interest rate differential between the…
Gold bulls mostly disregard but 50 day SMA support retains the key
Gold price has failed to inspire follow-through buying. The gold price (XAUUSD)…
US dollar slips out of bed on fairly mixed ISM readings
US Dollar is trading down on fairly mixed ISM data. The US…
EURUSD falls ahead of ECB announcement, US data packed week
EURUSD is under pressure above 1.0850 ahead of significant US economic events…
Pound consolidates ahead of the US ISM Manufacturing PMI report
Pound sterling is trading relatively flat near 1.2750 ahead of a data-packed…
Gold price is fluctuating in a range near its three week low
Gold is near a multi week low and appears vulnerable below the…
Australian dollar appreciated as a result of increase in the minimum wage
Australian dollar edged higher on Monday thanks to favorable market mood. The…
EURUSD surges to 1.0850 as heated Eurozone HICP eases
EURUSD recovers significantly as Eurozone inflation exceeds expectations. EURUSD rises above 1.0800…
Pound falls as traders get cautious ahead of US core PCE inflation
Pound Sterling is marginally down against the US Dollar ahead of the…