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AUD/USD drops to 0.7620 area, eyes on FOMC Minutes

4/7/2021 10:35:45 AM GMT | By Eren Sengezer AUD/USD lost its traction following a quiet Asian session. US Dollar Index struggles to stage a convincing rebound. FOMC will release the minutes of its March meeting later in the day. The AUD/USD pair closed the first two days of the week in the positive territory supported by the broad-based selling pressure surrounding the greenback. After moving sideways during the Asian session on Wednesday, the pair lost i...
Joseph Trevisani Commonwealth Bank Services Goods Trade Balance Analyst Joseph ஜோசப் ட்ரேவிசநி காமன்வெல்த் வங்கி சேவைகள்

AUD/USD struggles to stage a convincing rebound, stays deep in red near 0.7620

Apr 7, 2021 19:42 GMTFXStreet News AUD/USD remains on track to close in the negative territory. US Dollar Index is staying flat around 92.30. Investors wait for FOMC to release the minutes of March meeting. After dropping toward 0.7600 during the European trading hours, the AUD/USD pair recovered modestly but lost its traction, once again, around 0.7650. As of writing, the pair was down 0.57% on a daily basis at 0.7618. DXY retreats to 92.30 area ahead of FOMC Earlier in the day, the greenback ...
United States Joseph Trevisani Us Census Bureau Wall Street Analyst Joseph ஒன்றுபட்டது மாநிலங்களில்

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USD/CAD: Further declines ahead as underlying advantages for the loonie remain

Dec 21, 2020 09:02 GMTFXStreet News USD/CAD rebounded from Thursday’s two-and-a-half year low at 1.2688, closing the week at 1.2781. However, several fundamental trends support continuing gains for the Canadian dollar while technical indications point down as well, according to FXStreet’s Analyst Joseph Trevisani. Key quotes “The fundamental inclination of the USD/CAD is lower, based on rising commodity prices as the global economy reignites, market disappointment with the US recovery and...
United States Joseph Trevisani Analyst Joseph ஒன்றுபட்டது மாநிலங்களில் ஜோசப் ட்ரேவிசநி ஆய்வாளர் ஜோசப்

USD/JPY: Technical momentum is lower but market lacks conviction

12/14/2020 8:07:34 AM GMT | By FXStreet Team The narrowing range in the USD/JPY, start to finish last week was less than 10 points, and even the high and low registered just 75 points, evinces the market’s indecision. The pair has continued lower since the first week of November on momentum rather than from any conviction. USD/JPY is weak because its recent history has been weak not because there is logic to the cause, according to FXStreet’s Analyst ...
Joseph Trevisani Analyst Joseph ஜோசப் ட்ரேவிசநி ஆய்வாளர் ஜோசப்

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