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Hawkish Fed Risks Remain Gold prices are looking a little softer through the European morning on Tuesday as USD regains some ground. While Friday’s data saw the NFP undershooting forecasts, a move lower in the unemployment rate along with an uptick in wages means that the September meeting is still very much a ‘live’ meeting, […]
Global stock indices declined, US stock futures shifted to a defensive stance for the first time in a while, and demand in the fixed income market increased following a series of reports indicating a reduction in Chinese trade (which consequently reflects a weakening foreign demand for Chinese goods and services), deteriorating profit prospects in Italy’s […]
Suisse Coin Hub (Clone of FCA Authorised firm)
Investing Capitals / investing-capitals.com (Clone of FCA Authorised Firm)
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AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, indicating a prevailing downtrend. The RSI has rebounded from the resistance line. In these circumstances, the price is expected to break the 3/8 (0.66530) level down and drop to the support at 2/8 (0.6469). The scenario can be cancelled […]