The Australian Dollar was pressured as comments from Donald Trump on coronavirus retaliation against China hit risk appetite. News that China's manufacturing sector continues to expand steadied it.
Blogs
USD/CAD Rate on Track to Snap Monthly Range Following FOMC Meeting
USD/CAD appears to be on track to snap the monthly range following the FOMC meeting as the exchange rate extends the series of lower highs and lows from earlier this week.
US Dollar Chart Setups Post-FOMC: DXY Index, EUR/USD & AUD/USD
US Dollar slid further after the FOMC meeting press statement release crossed the wires and as traders digested commentary from Fed Chair Powell. Where is the DXY Index, EUR/USD and AUD/USD price a…
Wall Street, Gold Prices Rise as US Dollar Sinks Despite 2008-Low GDP
Wall Street’s best day in over 3 weeks sunk the haven-linked US Dollar as anti-fiat gold prices rose. A virus drug trial, the Fed and rosy tech earnings overshadowed 11-year-low GDP.
S&P 500 Price Outlook: Sentiment to be Bolstered by Strong Earnings
Earnings from Microsoft, Facebook and Tesla will play their part in influencing the S&P 500 on Thursday after the three firms reported a series of upbeat results.
Dow Jones Index Remains near Session Highs on FOMC Rate Decision
The Dow Jones Index remained near session highs Wednesday afternoon as the Fed's FOMC meeting concluded in Washington D.C. leaving rates unchanged, as expected
Fed Preview: US Dollar, Dow & Gold Performance on FOMC Decision Days
The latest FOMC interest rate decision is due for release today at 18:00 GMT. How have Fed meetings historically impacted performance in the US Dollar, Dow Jones and spot gold?
Oil Prices Jump on Positive Data – 30 April 2020
Oil prices advanced on Thursday, continuing this week's rise after falling into negative territory last week.
USD/SEK Forecast: May 2020 – 30 April 2020
While I do not do a lot of analysis on the Swedish krona, I do see an interesting set up in this chart that should be paid close attention to.
USD/JPY Forecast: May 2020 – 30 April 2020
The US dollar has spent most of the month of April grinding lower against the Japanese yen, clearing the crucial ¥107 level, an area that had been massive support previously.