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Daily Forex News and Watchlist: EUR/AUD
EUR/AUD is finding resistance at a potential inflection point!
Let’s see if today’s catalysts can help extend EUR/AUD’s short-term downtrend:
Before moving on, ICYMI, yesterday’s watchlist checked out AUD/USD’s uptrend ahead of China’s…
Further upside looks not favoured
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Considering advanced prints from CME Group for crude oil futures markets, open interest dropped for…
Pound Unmoved After UK CPI Beat
POUND STERLING ANALYSIS & TALKING POINTSInflation softens but percentage change is minimal.BoE expected to keep rates on hold in November.Technical analysis shows encouraging signs for GBP bears.Elevate your trading skills and gain a…
USD/INR to drift down towards 81.50 by year-end – Commerzbank
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Year-to-date, INR is down 0.6% vs. USD. Economists at Commerzbank analyze Rupee’s outlook.
An…
New Zealand Dollar Up After China Data Beat; NZD/USD, EUR/NZD, GBP/NZD, AUD/NZD
NZD/USD, AUD/NZD, EUR/NZD, GBP/NZD - Outlook:NZD/USD could be in the process of setting an interim base.China data released Wednesday beat expectations, boosting the risk-sensitive NZD.What is the outlook for NZD/USD, EUR/NZD, GBP/NZD,…
China’s GDP expands 4.9% YoY in Q3 vs. 4.4% expected
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The official data released by the National Bureau of Statistics (NBS) showed on Wednesday that…
Australian Dollar Jumps After China GDP Beat; What’s Next for AUD/USD?
Australian Dollar, US Dollar, AUD, US, China Data – Talking Points:The Chinese economy more than forecast in the third quarter.Industrial output, retail sales grew more than expected last month.What does this mean for AUD/USD?Looking for…
Australian Dollar recovers from the intraday losses on upbeat Chinese data
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Australian Dollar recovers from the intraday losses on upbeat China's economic data.
Australian…
Gold Price Hangs Tough as Treasury Yields Surge and US Dollar Firms. Higher XAU/USD?
Gold, XAU/USD, US Dollar, Treasury Yields, Israel, Federal Reserve, GVZ Index - Talking PointsThe gold price appears comfortable above US$ going into Wednesday’s trading sessionTreasury yields are after making new highs again but gold…
Event Guide: Australia’s Employment Report (September 2023)
Seeking another opportunity to trade the Aussie week? Well, you’re in luck because the action may get hot with the latest jobs data release from Australia coming right around the corner.
Before you set up, check out the latest…