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September 6, 2023
The Euro sunk to new lows after the US Dollar ascendency got back on track, boosted by rising Treasury yields and high energy prices. If WTI goes higher, where to for EUR/USD?
September 5, 2023
China's Services Purchasing Managers' Index (PMI) fell sharply to 51.8 in August, as against an expansion of 54.1 seen in July, according to the lates
September 4, 2023
The Australian Dollar (AUD) pared some of its last Friday’s losses against the US Dollar (USD) ahead of the upcoming Reserve Bank of Australia’s (RBA)
September 2, 2023
The Australian Dollar held firm against crosswinds that are bruising sentiment and against a US Dollar that is looking for its own identity as uncertainty for the Fed’s rate path unfolds.
September 1, 2023
According to the latest data published on Friday, China's Caixin Manufacturing Purchasing Managers' Index (PMI) jumped back into the expansion territo
August 31, 2023
China’s official Manufacturing Purchasing Managers' Index (PMI) rose further to 49.7 in August, compared with the 49.3 contraction in July, the latest
August 30, 2023
The Aussie Dollar extended its decline below the 0.6550 level against the US Dollar. AUD/USD even broke the 0.6500 level to move further into a bearish zone.
August 28, 2023
AUD/USD declined below the 0.6450 and 0.6430 support levels. NZD/USD is also moving lower and might trade below the 0.5900 zone.
August 27, 2023
The Source for Market Opinions
August 24, 2023
The Australian Dollar (AUD) erased Wednesday’s gains against the American Dollar (USD) on Thursday, as a ‘bearish-engulfing’ candlestick chart pattern