The British Pound could remain vulnerable against the US Dollar while perhaps looking to push higher against the Australian Dollar, Canadian Dollar and New Zealand Dollar.
IBEX 35 continues to rally as the ECB remains extremely accommodative and virus fears subside. Will the upcoming Federal Reserve rate decision derail the index’s progress?
The Australian Dollar may rise further versus the Greenback if Chinese industrial profits impress. Meanwhile, Covid lockdowns are set to ease in South Australia and Victoria.
US indices have a packed week ahead with earnings from the major technology names, US GDP data due and an FOMC rate decision. With so much on the docket the…
USD/MXN fluctuates between small gains and losses at the beginning of the week and continues to trade between horizontal resistance at 20.20 and short-term trendline support near 19.85.
New Zealand Dollar held key uptrend support for nearly six weeks with price contracting just above. The levels that matter on the NZD/USD weekly chart heading into FOMC.