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AUD/USD pops on positive trade headlines and tackles key resistance area.  US has reached a trade deal in principle with China, awaiting Trump’s sign-off. AUD/USD has rallied on trade tariff headlines where there have been consecutive and positive trade headlines throughout the day. AUD/USD is currently up 0.48% having climbed from a low of 0.6867 to a high of 0.6908. There
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Election and Trade War Talking Points: The Fed held rates steady after three consecutive cuts with the outlook leveling out, yet Dollar still dropped through long-term support Top event risk ahead is the UK election, but don’t underestimate the ECB rate decision’s influence over systemic policy influence Trade war anticipation remains a critical point of
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US November CPI +2.1% y/y vs +2.0% expected Coming Up! Title text for next article LON SDNY+11 NY -5 TYO +9 GMT US consumer price index for November 2019: Prior was 1.8% y/y Ex food and energy 2.3% vs 2.3% expected Prior ex food and energy 2.3% Month-over-month data: +0.3% m/m vs +0.2% m/m expected
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New highs back to end of March The GBPUSD has moved to a new day high and new highs since the end of March.  Connecting recent highs on the hourly chart, that trend line comes in at 1.31956. Breaking above it and the 1.3200 level would be more bullish. As per the prevous posts on