The Australian Dollar jumped higher after employment data today revealed a re-tightening of the labour market that might put pressure on the RBA at its August meeting.
Following a string of losses, the US Dollar has been stabilizing. In response, retail traders increased upside exposure in GBP/USD and boosted downside bets in USD/CAD. Is this a sign…
The EUR/USD appears to have entered a consolidation phase after its recent rally, with prices stuck between support and resistance. A move out of the recent range would be needed…
The Australian dollar has pared back much of the recent gains when the dollar sold off aggressively. Positive earnings in the US underpin global risk appetite for now
The British Pound is weaker against the Japanese Yen after UK inflation came in below market expectations. The GBP/JPY chart is starting to look bearish.