AUD/USD rallied strongly last week, clearing key resistance levels, but the breakout appears to have been a fakeout, as the move has led to a sharp bearish reversal.
China car sales seen 20% up in November as makers eye sales goals
CAD prices look hesitant despite an aggressive tone shown via the BoC summary of deliberations last night. USD/CAD preps for Fed speak at key resistance level.
ECB inflation expectations hit 4% amid energy price surge and high interest rates
9:00am Trade (1 HR) EURUSD:Buy 1.07091 tp 1.07201Sell 1.06992 tp 1.06883 GBPUSD:Buy 1.22863 tp 1.23043Sell 1.22731 tp 1.22567 USDJPY:Buy 150.982 tp 151.172Sell 150.807 tp 150.643 USDCAD:Buy 1.37936 tp 1.38081Sell 1.37812
Gold & silver prices rallied last week leaving technical signal in favor of additional upside as markets prepare for several Fed speakers throughout the week.
Copper prices rebound despite economic contraction in Europe
Several Fed officials will deliver speeches in the coming days, including Chairman Powell. Traders should pay attention to their comments for clues on the outlook for monetary policy and impact
Gold prices slide as dollar rebounds with Fed officials in focus
In Asian trading on Tuesday, gold prices experienced a decline due to a resurgence of the dollar and Treasury yields. This drop in gold prices came just ahead of a