Fundamental Australian Dollar Forecast: Neutral Australian Dollar Talking Points: The Australian Dollar has posted some quite strong gains in the past three weeks This is somewhat surprising given ongoing trade tensions The coming week could see those gains level off Find out what retail foreign exchange traders make of the Australian Dollar’s prospects right now,
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Fundamental Forecast for GBP: Neutral Sterling (GBP) Talking Points: Chequers plan now looks dead in the water in its current format. The next two months is make-or-break for Brexit and UK PM Theresa May. The DailyFX Q3 GBP Forecast is available to download. The outlook for Sterling turns to neutral from bullish after a disastrous
Forex news for North American trading on September 21, 2018: Markets: Gold down $9 to $1198 WTI crude up 53-cents to $70.84 S&P 500 flat at 2930, up 0.9% on the week US 10-year yields flat at 3.06% Ripple jumps 77% in a day, passes Ethereum as second-largest cryptocurrency CHF leads, GBP lags On the
“Gold positioning was little changed but silver speculators covered more shorts in comparison to longs that liquidated, while platinum and palladium speculators added length and covered shorts,” TD Securities analyst noted. Key quotes “Stabilizing emerging markets and President Trump’s tariffs on China being interpreted as less impactful than previously feared spurred risk-on markets and a