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Australian, NZ Dollars Slide On Trade Talk Worries
The Australian and New Zealand dollars fell against their major counterparts in the Asian session on Wednesday amid risk aversion, as U.S. President Donald Trump threatened to raise tariffs on Chinese goods if 'phase one' deal is not reached soon.
Trump said that he would "just raise the tariffs eve
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Forex Technical Analysis and Forecast: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, Gold, Brent, BTC/USD
EUR/USD, “Euro vs US Dollar”
After reaching the closest correctional target at 1.1077, EURUSD is moving downwards to reach 1.1066. Possibly, the pair may reach this level and then start another growth towards 1.1072, thus forming a new consolidation range. If later the price breaks this range to the
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Fed’s Daly: “We can keep the policy rate accommodative”
San Francisco Fed President Mary Daly crossed the wires on Saturday, via Reuters, and said that low inflation gives the FOMC space to keep interest rates low, which should result in higher employment.
Her dovish comments come ahead of this Wednesday FOMC minutes.
Additional Quotes:
"We can keep th
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Thai Bourse: Support Expected At 1,600 Points
The Thai stock market has moved lower in three straight sessions, sliding almost 25 points or 1.7 percent long the way. The Stock Exchange of Thailand now rests just above the 1,600-point plateau, although it's expected to stop the bleeding on Monday.
The global forecast for the Asian markets is fir
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