Australian Dollar Dips as China’s Inflation Declines

NZDUSD broke key resistance level 0.6200 Likely to rise to resistance level 0.6360 NZDUSD currency pair under the bullish pressure after breaking the key resistance level 0.6200 (which has been reversing the price from the end of July). The breakout of the resistance level 0.6200 accelerated the active minor impulse wave 1 of the medium-term […]

The Canadian Dollar (CAD) saw volatile movement on Thursday due to mixed US economic data and a lack of domestic updates. With Canada absent from the economic calendar until Friday’s GDP report, the CAD was influenced by US figures. Markets are now focused on the upcoming US Personal Consumption Expenditure (PCE) Price Index, a critical […]

Markets With Japanese and US markets closed, Europe stood on its own to look for direction after Friday’s yield decline in the wake of weaker than expected US payrolls and services ISM. US markets again considering two potential Fed rate cuts (Sept +/- 90% discounted, 2nd in December +/- 80% discounted) gives European investors some […]