The Japanese Yen weakened to its lowest level in 4 years as global yields and commodity prices hinder the currency. Can USD/JPY go higher?
The Australian Dollar made a strong push higher overnight as Wall Street traders buy up stocks. Chinese lending rates and Australian Westpac data is in focus for APAC traders.
Gold bulls’ patience might be wearing thin after another fake-out last week, with Gold prices to getting caught at 1800 resistance before price action tilted back to support.
The Australian Dollar is testing new highs as domestic yields have risen sharply on the RBA letting go of a key bond rate. Where to for AUD/USD?
The sentiment-linked New Zealand Dollar gained as the Dow Jones and S&P 500 climbed. But, soft Amazon and Apple earnings risk evaporating NZD/USD’s progress during Asia-Pacific trade.
The Canadian Dollar caught a jolt yesterday from the BoC. CAD/JPY and EUR/CAD may be well positioned to take advantage of this theme.
The Australian Dollar has been sidelined in an action-packed day in Asia, with central banks lining up to tighten. Can AUD/USD break out of the doldrums?