AUD/USD Faces Selling Pressure After Testing 100-Day Moving Average
The AUD/USD currency pair encountered selling pressure during the Asia-Pacific session, peaking at 0.7046, just below the 100-day moving average. This resistan…
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US factory orders fell 0.3% in June, while job openings also declined. Canadian manufacturing PMI reached a four-year high. Markets reacted positively to AI-related earnings, with significant gains in tech stocks. Oil prices fell amid ongoing negotiations regarding the Strait of Hormuz.
Read storyThe AUD/USD currency pair encountered selling pressure during the Asia-Pacific session, peaking at 0.7046, just below the 100-day moving average. This resistan…
The People's Bank of China (PBOC) is anticipated to announce the USD/CNY reference rate at 6.7364, reflecting ongoing market dynamics and economic consideratio…
Richmond Fed President Thomas Barkin stated that determining whether interest rates are sufficiently high remains a 'close call.' He refrained from commenting…