EUR/USD, AUD/USD OUTLOOK:Traders will closely watch U.S. GDP data on ThursdayThe U.S. economy is forecast to have grown by 4.3% in the third quarterStrong economic activity numbers could boost the…
Australian Treasurer Chalmers says inflation is moderating overall, it is proving to be more persistent here in Australia.He's half right. In the data released earlier all three measures of inflation…
Share: The global PMI surveys are due on Tuesday, providing the first glimpse of economic activity during October. Australia and Japan will kick off the PMI, followed by…
The European Central Bank (ECB) and the Bank of England (BoE) are both expected to maintain their current interest rates without any significant changes. ECB officials are generally leaning towards…
USD/JPY ANALYSIS & TALKING POINTSModerating Japanese inflation keeps JPY on offer heading into next week.US inflation, GDP and durable goods under the spotlight this week.Bearish divergence conflicts with ascending triangle…
The GBPUSD tried to get above its 100-hour moving average for the 3rd day in a row. This time, the time above was quick (and the quickest of the three…
Share: EUR/JPY rose to a daily high of 158.92 and then settled at 158.60. Indicators suggest that the buyers have the upperhand in the short term, but momentum…
Asian equities followed US stocks lower after strong retail data. Treasury yields continued to shoot higher, reaching new cycle peaks. Data revived fear of an…