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Monday, June 17, 2024

European Markets Wrap-Up | AUDUSD Technical Analysis

AUDUSD Technical Analysis

Fundamental Overview The USD last week lost ground across the board following the soft US CPI report as the market priced back in two rate cuts by the end of the year. The moves were reversed soon aft... 

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Central banks are back on the agenda this week

Let's get straight into details and what can we expect from the respective policy meetings this week. RBA - Not one for change With Australian inflation still holding well above the RBA's threshold ra... 

NZDUSD Technical Analysis – The price is getting closer to a key support

Fundamental Overview The USD last week lost ground across the board following the soft US CPI report as the market priced back in two rate cuts by the end of the year. The moves were reversed soon aft... 

ECB's Lane: If there is big movement in euro currency, it would be relevant for policy

A really big move would matter for CPI forecast But these are not big movements Do not think policy divergence with the Fed is any more of an issue than it was before The peak effect of rates on infla... 

GBPUSD Technical Analysis – The negative sentiment boosted the US Dollar

Fundamental Overview The USD last week lost ground across the board following the soft US CPI report as the market priced back in two rate cuts by the end of the year. The moves were reversed soon aft... 

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Latest Forex Orders

FX option expiries for 17 June 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.0670 level. If anything else, that will act as a bit of a defensive layer in limiting downside pr... 

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