EUR/USD may continue to give back the rebound from the November low (1.1186) as a growing number of Fed officials show a greater willingness to normalize monetary policy.
Gold prices broke through the bear flag but didn't get much run thereafter. Is a bullish engulf from Friday pointing to a greater pullback in the bearish theme?
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias.
The Reserve Bank of Australia (RBA) interest rate decision may produce headwinds for AUD/USD as the central bank is widely expected to retain the current policy.
The Dow Jones, S&P 500 and Nasdaq 100 slumped as volatility swept through markets. The US Dollar and Japanese Yen gained as crude oil prices declined. US CPI, the RBA…