GOLD, XAU/USD, ISM DATA, TECHNICAL ANALYSIS – ASIA-PACIFIC BRIEFING:
Senior Strategist for ajmir-fx.com
US Dollar Falls Early Wednesday as ADP, FOMC Take Center Stage
The US dollar declined further against its major trading partners early Wednesday as markets await the ADP private payrolls data at 8:15 am ET and the Federal Open Market Committee’s rate decision at 2:00 pm. The key event for the day is the FOMC’s announcement, which is widely expected to result in a further 25 …
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AUSTRALIAN DOLLAR VS US DOLLAR, JAPANESE YEN, EURO, BRITISH POUND – PRICE ACTION SETUPS
The Australian dollar has rebounded against some of its peers as the Reserve Bank of Australia unexpectedly raised interest the cash rate by 25 basis points at its meeting on Tuesday. Is this a sign that AUD is gearing up for a larger retracement? Probably not yet. AUD has risen across the board against its …
AUSTRALIAN DOLLAR VS US DOLLAR, JAPANESE YEN, EURO, BRITISH POUND – PRICE ACTION SETUPS Read More »