The data from the latest CoT report highlights the dominance of the bullish euro stance, however, recent resistance has proven tough to crack as a pullback sets in
The US Dollar eased again on Wednesday with US CPI front and centre for markets trying to interpret where the Fed is headed with rates. Will a surprise CPI see…
Gold remains lofty as US debt ceiling talks continue ahead of key US inflation data later Wednesday. What are some of the scenarios that could unfold in the short term?
The Australian Dollar is facing range-bound servitude against a number of currencies. Will AUD/USD, AUD/NZD, AUD/JPY, or AUD/CAD be the first to snap to new levels?
Crude oil prices are on a 4-day winning streak, up about 8%. Ahead of the US inflation report, retail traders are turning increasingly bearish, is that a bullish sign?
AUD/USD has lacked directional conviction in recent months, with the pair trapped in a lateral channel moving back and forth between technical support and resistance levels.