Tuesday’s Key Economic Data
Today’s Key Economic Data
Today’s Key Economic Data
Today’s Key Economic Data
The EURUSD pair went back and forth during the course of the day on Wednesday, using the 1.08 level as a bit of a springboard in order to keep the market afloat.
AUDUSD fell significantly during the course of the session on Wednesday, as the market continues to bounce around the 0.70 level.
Today’s Key Economic Data
The EURUSD pair fell significantly during the day on Tuesday, as we race towards the 1.08 level.
AUDUSD is currently bouncing off the bottom of its long-term range visible on the daily time frame, partly supported by the pickup in risk sentiment and stronger than expected data in China.
Today’s Key Economic Data
The start of the new year has seen no let up in the torrid time for commodities and commodity currencies, but for copper the continued uncertainty in China (FXI, quote) coupled with US dollar (UUP, quote) strength and lack of global economic growth continues to weigh particularly heavily, with the base metal breaking through the psychological $2.00 per lb price point, and currently trading at $1.965 per lb at time
When considering such as bearish chart as for crude oil, it’s interesting to play a mind game and consider it as perhaps a stock chart – an Enron or a Worldcom, and the prospect of oil going to zero.