Tag Archives: FTSE

The Australian Dollar has recovered nearly 3 percent of its value since hitting an 11-month low in early May but the dominant price trend points firmly lower.

A turn lower in crude oil from 3-year highs may help CAD bears regain the momentum they enjoyed earlier this year as USD/CAD may trade toward C$1.3000.

The week started with a bang as US equities gapped-higher, and the Dow crossing above a key level of resistance. But that strength could not hold, and now a series of other themes have caught the world’s attention as we move towards a widely-expected rate hike in June.

The current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.

The theme of EURUSD selling shows no signs of abating, key risk events come in the form of Eurozone inflation and US NFP report.