USD/JPY is trading at contentious levels which could spark significant moves either way. The Yen’s fundamental backdrop surrounding COVID-19 is key to future price forecasts.
GBP/USD continues to trend lower despite news that the UK public sector borrowed less in the first three months of the financial year than officials had forecast.
Gold prices retreated for a second day as a stronger US Dollar and higher yields dented its appeal. The spread of the Delta variant and the resulting adverse economic impact…
Crude oil prices weakened despite a recovery on Wall Street as the US Dollar rose. WTI is looking vulnerable following a trendline breakout and rising retail trader long bets.
The Australian Dollar was kicked back lower after June retail sales crossed the wires at -1.8%, missing estimates of -0.7% and falling from 0.4% in May. RBA policy will shift…
Wall Street stocks rebounded sharply on Tuesday as traders took Monday’s pullback as an opportunity to “buy the dip”. This may set a positive tone for APAC stocks. Netflix missed…