AUDUSD Forecast June 6, 2017, Technical Analysis
The Australian dollar gapped lower at the open on Monday, but then fill that gap as one would expect.
Strategies
Gold UK Elections, ECB and Comey Testimony Among Week’s Highlights
It is going to be a big week for the markets this one, especially towards the end of it. Among other things, we will have the UK’s general elections, the ECB’s latest policy decision and former FBI Director James Comey’s testimony all to look forward to on Thursday.
Central Bank Resumes Cash Injection Into Money Market
China’s central bank injected 30 billion yuan (4.76 billion U.S. dollars) into the financial system via open market operations on Monday to maintain stable liquidity.
AUDUSD Forecast June 5, 2017, Technical Analysis
The AUDUSD pair exploded to the upside on Friday, and reaction to the weaker than anticipated jobs number coming out of the United States.
GBPUSD Forecast June 5, 2017, Technical Analysis
The GBPUSD pair initially fell during the day on Friday, and saw quite a bit of volatility after the jobs number came out in the United States less than anticipated.
Pound tumbles then bounces as FTSE hits record
What a comedy show this is turning out to be. Last night saw sterling tumble after research by the Times newspaper and YouGov suggested that there could be a hung parliament.
EURUSD Forecast May 23, 2017, Technical Analysis
The EURUSD pair initially fell on Monday, but found the 24-hour exponential moving average to be supportive enough to turn the market around, and send it back above the 1.12 level.
AUDUSD Forecast May 23, 2017, Technical Analysis
The Australian dollar had an explosive session on Monday, initially gapping lower, filling the gap, and then continue the down move.
Mark Fields Ousted At Ford
FBN’s Jeff Flock on the management shakeup at Ford (F, quote).
AUDUSD Forecast May 22, 2017, Technical Analysis
The AUDUSD pair had a very strong session on Friday, reaching towards the highs that we had touched on Thursday. That’s a very bullish sign, and I think that the market is now trying to reach towards the 0.75 level above.