Forex

The Japanese Yen continues to claw back some lost ground vs the dollar as we await the BoJ quarterly outlook report and much anticipated FOMC rate decision next week

GBP/USD extended the week’s gains amid better than expected UK labor data coupled with a weaker U.S. dollar.

Euro correcting on ECB sources, however, downside risks remain.

Gold continues to respect $1,700/oz. as support with the precious metal seemingly unwilling to make fresh multi-month lows.

The Euro held gains against the US Dollar as equities markets slipped while growth orientated currencies swelled ahead of key central banks meetings. Will EUR/USD rally?

Gold prices languished around the 1,700 level despite a weaker US Dollar. Crude oil prices took advantage of a pickup in demand prospects. Where next for XAU and WTI?

The Australian Dollar was lifted a touch after a RBA meeting minutes revealed that they were hawkish before blistering jobs and trade data. Where to next for AUD/USD?

USD/CAD may attempt to test the 50-Day SMA (1.2861) for the second time in July as it extends the decline from the yearly high (1.3224).

The British Pound climbed above wedge resistance on a weaker US Dollar. APAC traders are monitoring developments out of China as the RBA minutes approach.

The S&P 500 erases a solid early rally and slides about 0.84% following reports the Apple is planning to slow hiring and spending plans to counter mounting economic headwinds.