AUDUSD continues to experience high volatility It tests the resistance set by a long-term trendline Momentum indicators send a mixed message AUDUSD is trading sideways today, following three very volatile sessions that pushed it to the highest level since February 2023. It is currently testing the resistance set by the February 25, 2021 downward sloping […]
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Canada’s GDP grew 0.2% mom in July, above expectation of 0.1% mom. Services-producing industries grew 0.2% mom while goods- producing industries rose 0.1% mom. Overall, 13 of 20 sectors expanded in July. Advance information indicates Read more…
US personal income rose USD 50.5B or 0.2% mom in August, below expectation of 0.4% mom. Personal spending rose USD 47.2B or 0.2% mom, below expectation of 0.3% mom. PCE price index rose 0.1% mom, Read more…
The Federal Reserve’s preferred measure of inflation edged higher in August, data indicated Friday, but the overall readings show moderating pressures heading into the autumn months and added to bets on more Federal Reserve rate Read more…