Tuesday, 23 April 2019

AUD/USD May Turn on Channel Support. S&P 500, US Dollar, Yen Climb

The Australian Dollar may reverse on CPI data as AUD/USD sits on rising channel support. As the S&P 500 hit a record high, forex markets were hesitant. The anti-risk USD, JPY rose.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...