USD/JPY Rate Struggles to Hold Above 50-Day SMA Ahead of US CPI
[ad_1] Japanese Yen Talking Points USD/JPY pulls back from a fresh monthly high (135.58) to largely track the recent weakness in US Treasury yields, and the exchange rate may face…
USD/CAD Rally to Persist If US CPI Indicates Sticky Inflation
[ad_1] Canadian Dollar Talking Points USD/CAD rallies to a fresh monthly high (1.2985) following the larger-than-expected rise in US Non-Farm Payrolls (NFP), and the update to the Consumer Price Index…
EUR/USD Stages Another Run at Former Support Zone Ahead of NFP Report
[ad_1] EUR/USD Rate Talking Points EUR/USD appears to be staging another attempt to test the former support zone around the May low (1.0349) as it retraces the decline from earlier…
Bearish AUD/USD Price Action Takes Shape During August Opening Range
[ad_1] Australian Dollar Talking Points AUD/USD attempts to retrace the decline following the Reserve Bank of Australia (RBA) interest rate decision as it bounces back from a fresh weekly low…
Gold Price to Mirror June on Failure to Push Above 50-Day SMA
[ad_1] Gold Price Talking Points The price of gold approaches the 50-Day SMA ($1793) as it extends the series of higher highs and lows from last week, but the precious…