Fundamental factors have been favorable for higher AUD/USD price action which could extend throughout 2021. This sets the pair up for a potential close at fresh yearly highs.
The notable steepening of the yield curve may trigger a short-term pullback for the Dow Jones and Nasdaq 100, despite the Federal Reserve reiterating its dovish stance.
Crude oil prices fell on bets of Texas restoring production as the US opened the door to returning to the 2015 Iran Nuclear Deal. Gold is also weakening, facing its…
Time-cycle analysis suggests that the Japanese Yen could slide significantly lower against its major counterparts. Key levels for AUD/JPY, EUR/JPY and GBP/JPY.
Asia-Pacific equities look set to trade lower amid “risk off” sentiment, following a sour session on Wall Street overnight. All three major US indices pulled back from recent highs as…
Wall Street moved lower on Thursday as rising Treasury yields pressured equity prices. Still, the risk-sensitive New Zealand Dollar appears poised for gains with a bullish technical picture.