EUR/USD Price Forecast: Two-day uptrend pauses near 50% Fibo., looks to US NFP for fresh impetus – FXStreet
EUR/USD is consolidating gains from Tuesday's over two-week lows. Investors are eagerly awaiting details of the U.S. jobs report before placing any new directional bets. This setup favors bullish traders and boosts the prospects of further upside. The EUR/USD pair struggled to capitalize on the gains recorded over the past two days and fluctuated within […]
China wraps up massive two-day military ‘punishment’ drills surrounding Taiwan designed to intimidate its new president
CHINA: ‘DRILLS SERVE AS A STRONG PUNISHMENT’: China pulled out all the stops today as it concluded two days of military drills that looked to all the world like a dress rehearsal for an invasion or blockade of Taiwan as Beijing continues to vow to bring what it considers a renegade province under Chinese rule […]
AUD/USD rises to two-day high ahead of Aussie CPI – FXStreet
The AUD/USD pair extended its gains following the disappointing US S&P global PMI, suggesting the possibility of Fed easing. The U.S. dollar has weakened as U.S. Treasury yields have fallen and stock markets have reacted positively to a possible change in Fed policy. Upcoming Australian CPI data may influence the Reserve Bank of Australia’s policy […]