Forex
Forex Free Trading Tips
EUR/USD: Draghi’s Jackson Hole Speech & Fed’s Balance Sheet Runoff Announcement Are Non-Events – BTMU
BTMU FX Strategy Research notes that the more dovish tone of the FOMC minutes will reinforce the market’s view that the Fed is likely to delay raising rates again until next year and thereby continue to weigh on the US Read More →
Fed minutes cloud rate hike-pace, but expectations for balance sheet unwind still remain – USD softer
USD is looking south this morning, following through on yesterday’s declines as well. Yesterday the minutes of the July 26th FOMC meeting were released, and these showed that policymakers were somewhat wary of the recent softer inflation. Some of the Read More →
AUDJPY – Aussie Dollar Follows Uptrend Against Japanese Yen
Key Points
- The Aussie Dollar remains in a solid uptrend above 87.00 against the Japanese Yen.
- There is a crucial ascending channel pattern with support at 87.00 forming on the hourly chart of AUDJPY.
- Recently in Australia, the Employment Change Read More →
AUDUSD – Aussie Dollar Back in Bullish Zone Vs US Dollar?
Key Points
- The Aussie Dollar made a nice upside move after trading as low as 0.7808 against the US Dollar.
- There was a break above a bearish trend line at 0.7830 on the hourly chart of AUDUSD.
- Recently in Australia, Read More →
