The US Dollar may slide lower on the back of progress in fiscal aid talks. However, the FOMC’s wait-and-see approach to monetary policy may inspire a short-term rebound.
The Australian Dollar saw a modestly negative reaction to a mixed bag of Chinese economic data outcomes. AUD/USD slipped in broadly risk-off Asia-Pacific trade.
The New Zealand Dollar may rise after a pullback from chart resistance, buoyed by firming risk appetite. Wall Street ended Monday mixed but progress on US stimulus may now lift…
The broader US Dollar dropped to a fresh two-year low early Monday, but USD price action staged a notable reversal as market sentiment and risk appetite deteriorated throughout the session.
The Nasdaq 100 reclaimed its spot as the leading US index in December, outpacing both the S&P 500 and Dow Jones thus far. The tech-heavy index trades narrowly beneath record…
Sterling gapped higher into the open before reversing sharply - the weekly opening-range is set. Here are the levels that matter on the GBP/USD technical charts.
NZD/USD clears the opening range for December, with the advance from the monthly low (0.7006) pushing the Relative Strength Index (RSI) back into overbought territory.