AUD/USD Price Outlook: Australian Dollar Awaits RBA Decision
AUD/USD price action advanced a mere 16-pips on Monday as the Australian Dollar awaits the upcoming RBA rate decision and possible signal that QE tapering will proceed despite lockdowns.
USD/JPY Under Pressure Following Comments from Fed's Waller
USD/JPY remains under pressure following hawkish comments from Christopher Waller of the Federal Reserve. Delta variant, slowing economic data present headwinds.
Mexican Peso Outlook: Growing Delta-Variant Fears Could Propel USD/MXN Higher
The Mexican peso has largely traded with a positive bias against the dollar since July 21, but rising COVID-19 risks could sour market mood and weigh on EMFX in the coming weeks.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD
Last week's FOMC put even more emphasis on this week's NFP. With the USD hanging in the balance, will bears make a move ahead of the print?
USD/JPY Eyes July Low with US Yields Under Pressure Ahead of NFP Report
USD/JPY appears to be on track to test the July low (109.06) ahead of the US Non-Farm Payrolls (NFP) report as longer-dated US Treasury yields come back under pressure.
USD/CAD Outlook Hinges on US & Canada Employment Reports
USD/CAD may consolidate ahead of the employment reports due out of the US and Canada as Federal Reserve officials tame speculation for a looming shift in monetary policy.
Nasdaq Fluctuates Following Rosy ISM Manufacturing Report
Stocks gapped higher at opening bell on Wall Street, but the Nasdaq receded slightly following a solid ISM manufacturing report that showed strong employment gains ahead of NFPs due Friday.
USD/ZAR Outlook: Strong Open For South African Rand Ahead of U.S. PMI
The rand is attempting to regain its title as the leading Emerging Market (EM) currency against the dollar YTD but with upcoming key economic data, can ZAR bulls hold on?
Australian Dollar Forecast: RBA Sticking to QE Taper Can Lift AUD/USD
RBA may stick to the script despite widespread lockdown measures
Cryptocurrencies Trim Weekend Gains, Ethereum (ETH) Outperformance Continues
The crypto market enjoyed a positive weekend with a range of coins seeing a decent move higher. Ethereum's chart breakout may lead to further gains.