Outlook in AUD/USD remains unchanged and intraday bias stays neutral. On the upside, above 0.7183 minor resistance will suggest that pullback from 0.7277 has completed. Intraday bias will be back on the upside for retesting this high. However, decisive break of 0.7076 will bring deeper decline back towards 0.6832 support. In the bigger picture, rise […]
The post AUD/USD Daily Report appeared first on ActionForex.
The stock market has been on a tremendous run, one that may simply be too good to last. Bank of America analysts agree, with Wall Street still heavily reliant on the turbulent AI trade. BofA Read more…
China’s consumer inflation remained steady in May even as producer price pressures continued to build. CPI held unchanged at 1.2% yoy, falling slightly short of expectations for a 1.3% yoy increase, while core CPI edged Read more…
Japan’s producer prices accelerated sharply in May, with PPI rising from 5.3% yoy to 6.3% yoy, well above expectations of 5.5% yoy and marking the fastest annual increase since March 2023. On a monthly basis, Read more…