• Mon. Jun 17th, 2024

David Song

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  • EUR/USD Rate Eyes August High Ahead of US Retail Sales Report

EUR/USD Rate Eyes August High Ahead of US Retail Sales Report

[ad_1] Euro Rate Talking Points EUR/USD clears the September high (1.0198) following the larger-than-expected slowdown in the US Consumer Price Index (CPI), with the exchange rate on track to test…

USD/CAD Climbs Back Above 50-Day SMA Ahead of US CPI

[ad_1] Canadian Dollar Talking Points USD/CAD trades back above the 50-Day SMA (1.3524) as it rebounds from a fresh monthly low (1.3387), but the exchange rate may struggle to hold…

Gold Price Struggles to Push Above October High Ahead of US CPI

[ad_1] Gold Price Talking Points The price of gold climbs to a fresh monthly high ($1723) as it extends the advance following the US Non-Farm Payrolls (NFP) report, but the…

USD/JPY Outlook Mired by Failure to Defend Monthly Opening Range

[ad_1] Japanese Yen Talking Points USD/JPY trades to a fresh monthly low (145.31) as it fails to retain the advance following the Federal Reserve interest rate decision, and the exchange…

Oil Price Eyes 200-Day SMA After Clearing October High

[ad_1] Crude Oil Price Talking Points The price of oil climbs to fresh monthly high ($93.74) as it extends the series of higher highs and lows from late last week,…