EUR/USD prints fresh bull cycle highs, on course for 5-day rally
EUR/USD bulls take on fresh bull cycle highs but bears are lurking. US CPI weakened the outlook for the US Dollar but a cohort of Fed speakers remain hawkish. Breakout traders could be feeling the heat of a sizeable correction in the coming sessions. EUR/USD has popped to a fresh bull high following the day’s Consumer […]
AUD/USD prints a new five-month high above 0.6900 as the USD remains offered
AUD/USD climbs due to traders’ speculations that the US Federal Reserve would shift dovish. US 10-year Treasury bond yield continues to edge lower, eyeing the 3.50% threshold and weighing on the USD. AUD/USD Price Analysis: A daily close above 0.6900 can exacerbate a rally to 0.7000. The AUD/USD soars sharply above the 0.6900 figure on […]