Australian Dollar Analysis: AUD/USD to Rise on Chinese Trade Data?
The commodity-linked Australian Dollar may look to run higher if Chinese trade data impresses after Australia’s Ai Group Services Index posted an expansion for May.
Chinese Yuan Forecast: USD/CNH May Surrender Gains Despite Rising US-Sino Tensions
The Chinese Yuan continues to weaken from a 3-year high, but USD/CNH downside may continue even amid rising US-Sino tensions.
Canadian Dollar Price Outlook: USD/CAD Ahead of NFP – Loonie Levels
USD/CAD has finally found some support that can hold. But will sellers relent, even with Oil prices breaking out to fresh highs?
AUD/USD Eyes Trade Data as Post-Australia GDP Move Fails at Technical Resistance
Asia Pacific markets may trade in calm waters as investors await the highly anticipated US NFP report. Meanwhile, AUD/USD may see a directional shift after trade data for May crosses the wires.
Australian Dollar Outlook: AUD/USD May Extend Post-RBA Move if Q1 GDP Impresses
AUD/USD may extend yesterday’s post-RBA strength if Australia’s first-quarter Gross Domestic Product (GDP) beats expectations.
Euro May Fall as CPI Data Sustains Dovish ECB, Dollar Eyes ISM
The Euro may fall if a pickup in inflation proves inadequate to inspire a rethink of ultra-dovish ECB policy. The US Dollar looks the ISM manufacturing survey for a lifeline.
NZD/USD Aims Higher But US PCE May Spark Volatility on Fed Policy Rethink
NZD/USD is aiming higher as the week draws on, but the upcoming US PCE print may spark a bout of volatility.
Ethereum (ETH/USD) Strength Outshining Bitcoin (BTC/USD) Recovery
Crypto cooled after a massive sell-off, but now that coins are recovering, Ethereum is showing greater strength than Bitcoin. Might this be a sign of what’s to come?
US Dollar May Rise as Inflation Fears, Fed Outlook Hoard the Spotlight
The US Dollar may rise amid speculation that higher-than-expected inflation readings will prompt sooner-than-expected tapering of Fed monetary stimulus.
Australian Dollar Outlook: AUD/USD to Lift if Chinese Industrial Profits Impress?
The Australian Dollar may strengthen if Chinese industrial profits impress the market. AUD/USD eyes 50-day SMA.