Aussie Testing Key Area of Confluence
[ad_1] AUD/USD ANALYSIS &TALKING POINTS Can AUD recover some losses as we close off the week? Jackson Hole in focus next week. AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollarextended it’s…
RBA Minutes Outweighed by Global Risk Sentiment, Aussie Under Pressure
[ad_1] AUD/USD ANALYSIS &TALKING POINTS RBA summary. Risk aversion and growth concerns hurt Aussie. AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar extends its losing streak against the greenback this week…
Brent Prices Ease as Chinese Economic Data Hurts Commodities Complex, Dollar Bid
[ad_1] BRENT CRUDE OIL (LCOc1) TALKING POINTS Bleak Chinese outlook weighs on brent crude. Stronger greenback keeps brent suppressed in early trading. BRENT CRUDE OIL FUNDAMENTAL BACKDROP Brent crude oil…
UK Politics Buoy Pound in Early Trading
[ad_1] POUND STERLING TALKING POINTS UK Prime Minister race gains traction. GBP crosses focus on UK GDP late this week. GBP/USD FUNDAMENTAL BACKDROP This morning saw pound sterling slightly stronger…
Aussie Weaker as Global Risk Sentiment Outweighs RBA
[ad_1] AUD/USD ANALYSIS &TALKING POINTS Aussie unable to shake off global risk aversion. NFP in focus as we close off the week. AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar was…