AUD/USD – Aussie Safe From Evergrande For Now
Discussion on Evergrande developments by RBA committee members PBOC says debt problems on banking system controllable Double Bottom pattern in…
NZD/CAD – Canadian Job Market Recouped All Jobs Lost During The Pandemic
Canadian employment back to pre-pandemic level Unemployment rate at the lowest level since the pandemic Potential downside for NZD/CAD Statistics…
AUD/CAD – Upcoming Canadian Jobs Report May Provide A Clear Trading Direction
Canadian jobs report due for release tomorrow at 2030 (GMT+8) AUD/CAD in 80pips consolidation The Canadian employment data is due…
NZD/CHF – Dovish Rate Hike By RBNZ
RBNZ hiked rate by 0.25% Potential downside below 0.64 handle During the monetary policy decision announcement earlier today, the Reserve…
GBP/AUD – RBA To Hold Monetary Policy Unchanged
RBA Governor Lowe finds it hard to understand pricing-in rate hikes GBP/AUD trading within 120pips range The Reserve Bank of…
GBP/JPY – Potential Downside Beneath 149 Handle
Ongoing uncertainties led to increase in demand of JPY GBP/JPY testing strong support at 149 handle Recently, market sentiment has…
USD/JPY – Testing 1.5-Year High
U.S. Treasury yields at three-month high Market expecting tapering announcement from Fed in November The hawkish tone sent out by…
CAD/JPY – Spike In Oil Prices Led By Growing Demand
OPEC+ to proceed with oil production hike in upcoming meeting CAD/JPY testing to breach above 88 handle Oil prices have…
GBP/NZD – Awaiting Further Clues On Tapering From BoE
Chance of a 0.5% rate hike from the RBNZ getting slimmer Upcoming BoE meeting may determine trading direction of GBP/NZD…
AUD/JPY – Tumbling Iron Ore Price Weighing On Australian Dollar
Iron ore price faces worst week since 2008 financial crisis China cut steel production to curb CO2 emissions Further downside…