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Thursday, October 17, 2024

European Markets Wrap-Up: AUDUSD Technical Analysis – Breakout or fakeout?

AUDUSD Technical Analysis – Breakout or fakeout?

Fundamental Overview The US Dollar has been gaining ground across the board this week despite the lack of economic data and lower Treasury yields, essentially moving forward by inertia. Stanley Drucke... 

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US must have healthy relationship with China based on level playing field - Yellen

Sweeping, untargeted tariffs would raise prices for US households There is a growing international consensus that China must shift its economic practices China policies are leading to industrial overc... 

USDCAD Technical Analysis – Testing a key resistance

Fundamental Overview The US Dollar has been gaining ground across the board this week despite the lack of economic data and lower Treasury yields, essentially moving forward by inertia. Stanley Drucke... 

FP Markets Team Attends Forex Expo Dubai 2024 And Brings Home Two Awards

FP Markets , a global multi-asset Forex and CFD broker, participated in the Forex Expo Dubai 2024 earlier this month. The largest trading event in the Middle East took place in Dubai, UAE, from 7-8 Oc... 

Copper Technical Analysis – The market demands more from China

Fundamental Overview Copper erased most of the gains from last month's strong Chinese easing measures as the market got disappointed on the lack of follow through. In fact, this is something we've see... 

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Latest Forex Orders

FX option expiries for 17 October 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for AUD/USD at the 0.6700 level. When paired together with the technical predicament here , the expiries add another l... 

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