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DXY Index on the Edge Ahead of Quieter Trading Day

Talking Points: – The National Day of Mourning for the late US President George H.W. Bush means financial markets will be closed, economic data releases pushed until tomorrow, and Fed Chair Jerome Powell’s testimony in front of the Senate Joint Economic Committee is canceled. – With no developments likely on the US-China trade war front […]
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AUD/USD Rate Clings to Bullish Series Ahead of G20 Summit

Australian Dollar Talking Points AUD/USD carves a series of higher highs & lows ahead of the Group of 20 (G20) Summit as Fed Chairman Jerome Powell adopts a less-hawkish tone, but key developments coming out of the global economy may rattle the recent advance in the exchange rate as the U.S. and China, Australia’s largest […]
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GBPUSD Price Technically Weak Ahead of Crucial Brexit Talks

GBP price, news and analysis: The coming weekend will be of major importance for Sterling traders. Ahead of it, GBPUSD is looking technically weak so a slide lower is possible. Brexit talks crucial for GBP outlook A crunch weekend for the Brexit negotiations between the UK and the EU is fast approaching and the outcome […]
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AUD/USD Prices Aim Higher on Trade Balance Ahead of RBA Decision

TALKING POINTS – AUD/USD, TRADE BALANCE, TRADE WARS, EQUITIES AUD/USD rallied following the release of outperforming trade balance data Dominant downtrend remains intact as 2015 support levels may turn into resistance Risk aversion, US employment data, and RBA November meeting in focus next Build confidence in your own AUD/USD strategy with the help of our […]
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Mixed U.S. GDP Report Curbs GBP/USD Losses Ahead of BoE Meeting

British Pound Talking Points GBP/USD pares the sharp decline from earlier this week as updates to the U.S. Gross Domestic Product (GDP) report reveal a limited threat for above-target inflation, but recent price action casts a bearish outlook ahead of the Bank of England (BoE) meeting as the exchange rate continues to carve a series […]
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DXY Index on the Edge Ahead of Quieter Trading Day

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