A series of Fed speeches & optimistic ISM data drive EUR/USD lower. Dax loses grip but remans resilient above 14,000. FTSE reclaims 7,600 but can bullish momentum hold?
Australian Dollar rallied nearly 10% off the yearly lows with the breakout now probing critical uptrend resistance. Levels that matter on the AUD/USD technical charts.
The focus is on the Fed this quarter and we're already hearing some hawkish Fed-speak which is pushing Treasury yields higher - but will the FOMC actually deliver?
U.S. services sector growth picks up momentum and rebounds in March after a moderate performance in February, allaying recession fears and lifting the U.S. dollar.
Sterling is nudging higher against the US dollar, but with little in the way of UK data for the rest of the week, the greenback will continue to drive GBP/USD.
BoJ Governor Kuroda remains supportive of weaker yen but expressed concern over “rapid moves”. Household spending increases but masks challenges to disposable income