Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on...
AUSTRALIAN DOLLAR OUTLOOK: AUD/USD EYES RBA DECISION ON DECKAustralian Dollar front and center headed into upcoming RBA rate decisionAUD/USD implied volatility was just clocked at 10.4% for the overnight tenorThe Reserve Bank of Australia might decide to forge ahead with tapering QEThe Australian Dollar advanced slightly during Monday’s trading...
EUR/USD continues to notch higher levels on Thursday. US Treasury yields undermine the demand for the US dollar. US Dollar Index falls near the 92.00 level. The selling tone surrounding the US dollar amid falling US Treasury yields keeps EUR/USD on the verge of daily gains. After touching the...
Australia's final June nominal Retail Sales and second-quarter sales volumes have been released as follows: Australia Retail Sales (JunF): -1.8% (est -1.8%, prev -1.8%). Q2 retail sales +0.8% QoQ vs +0.9% expected.  AUD/USD impact and update AUD/USD has not reacted to the data. The Reserve Bank of Australia...
New Zealand Dollar, NZD/USD, Covid, Jobs Report - Talking PointsNew Zealand Dollar in focus as second-quarter job numbers approach China PMI slowdown weighing on risk-sensitive AUD and NZD currencies NZD/USD falls after potential wedge breakout, support in focus Tuesday’s Asia-Pacific OutlookAsia Pacific markets may turn lower Tuesday despite a...
Silver is on the brink of a significant recovery if the dollar stays down. DXY is lacking conviction as it attempts to correct, but 92.20 is key.  Silver has been recovering of late as the US dollar struggles to pick up bids above 92.20: The following...
DOW JONES, HANG SENG INDEX, ASX 200 INDEX OUTLOOK:Dow Jones, S&P 500 and Nasdaq 100 indexes closed -0.28%, -0.18% and +0.02% respectivelyCyclical sectors pulled back amid rising viral concerns and softer economic data. Real yields fell to all-time lows. Hong Kong’s Hang Seng Index may retreat after rebounding 1.06%...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on...
AUD/USD keeps bounces off intraday low after Aussie Retail Sales release. Australia Retail Sales confirm -1.8% preliminary forecasts for June, China Caixin Services PMI crosses prior readouts in July. NSW infections reverse the previous two-day downtrend, risk appetite sours. US ADP Employment Change, ISM Services PMI to decorate calendar,...
Nasdaq 100, Dow Jones Futures, 10-Year Treasury Yield, NFPs – Week AheadNasdaq 100 may continue outperforming Dow Jones futures aheadFalling Treasury rates, Delta variant, soft NFPs may play key roleNasdaq 100 eyeing bearish Rising Wedge however, watch supportWill Nasdaq 100 Continue Outperforming Dow Jones Futures Ahead?The Nasdaq 100 could...