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Australian Dollar May Find Path Of Least Resistance Leads It Down

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Fundamental Australian Dollar Forecast: Bearish The Australian Dollar didn’t move much against the US version last week However, it did slip a bit, having lost ground to its “commodity” peers The coming week could be tough, simply for lack of likely props, but keep a close eye on oil prices …

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Japanese Yen, Nikkei 225 Little Moved as Manufacturing Growth Slows

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Talking Points: Japan’s flash PMI slowed from 53.1 to 52 with output hitting its slowest pace in nine months. The Nikkei 225 and Yen were little changed following the release of the Manufacturing PMI data Japan’s Manufacturing sector expanded for 10th month, employment, new orders increasing See how retail traders …

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Oil Crumbles, Cable Reverses and the Dollar Continues with Bullish Structure

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Talking Points: – Dollar strength continues to show, and with a slew of Fed-speakers on tap, there a plethora of potential drivers for markets to grasp on to. – Also on the Central Bank front, an interesting speech from the BoE’s Chief Economist, Andy Haldane, appears to contradict the dovish …

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Forex – Aussie drifts weaker in Asia after RBA minutes housing concerns – Investing.com

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Aussie weaker in Asia Investing.com – The Aussie held weaker in Asia on Tuesday after of the June meeting that showed some risk scope on housing, but otherwise lauded the economy. Also in Australia came in as expected for the first quarter at again of 2.2%. traded at 0.7588, down …

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Japanese Adjusted Merchandise Trade Surplus Unexpectedly Narrowed In May

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    For the 24 hours to 23:00 GMT, the USD slightly declined against the JPY and closed at 110.83 on Friday. The Bank of Japan (BoJ) Governor, Haruhiko Kuroda, stated that inflation is still far from reaching the BoJ’s 2.0% target and thus it is “inappropriate” to say how …

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USD/CAD Higher As Oil Higher And Trump Under Investigation

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The gained on Friday agains the as prices moved higher by 0.577 percent and the political drama surrounding the Trump administration could result in the President of the US be the target of an investigation of the interference of Russia in the US elections. The loonie got a boost from …

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US Dollar Caught Between Upbeat Fed, Skeptical Markets

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Fundamental Forecast for the US Dollar: Neutral US Dollar caught between upbeat FOMC, skeptical financial markets Focus on Fed-speak may be supportive, PMI to test officials’ optimism Volatility triggered by US political instability remains a potent risk Want to discuss the market outlook with a DailyFX analyst? Sign up for …

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Canada’s Existing Home Sales Declined By The Most Since August 2012 In M

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    For the 24 hours to 23:00 GMT, the USD rose 0.14% against the CAD and closed at 1.3254. The Canadian Dollar lost ground, after Canada’s existing home sales dropped 6.2% MoM in May, recording its biggest decline in nearly five years. In the prior month, existing home sales …

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Forex – Aussie moves higher, kiwi loses ground after data – Investing.com

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© Reuters. Aussie rises, kiwi drops vs. greenback in late trade Investing.com – The Australian dollar moved higher against its U.S. counterpart on Thursday, after upbeat employment data from Australia, while a disappointing report on New Zealand economic growth pushed the local currency lower. gained 0.33% to 0.7614, just off …

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