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The AUD/USD has started Tuesday’s trading breaking out to a new 2017 high at .7384. However, the pair was quickly rejected by resistance found at a 61.8% retracement value at .7385. As seen in the image below, this retracement has been measured using the distance between the December 2016 high and low, found at.7524 and .7159 respectfully. If prices continue to trade beneath this value, it may suggest a daily turn back in the direction of the pairs primary trend. Alternatively if the AUD/USD rebounds ...
US Dollar Forecast: US Dollar May Turn Defensive Anew on Cautious Fed Comments The US Dollar found a lifeline in upbeat wage growth data having been battered by the unwinding of the “Trump trade”. Upcoming Fed-speak may put it back on the defensive. British Pound Forecast: BOE: Economic Forecasting in a World ’Tipped Upside Down’ This week, the Bank of England’s Chief Economist, Mr. Andy Haldane issued a mea culpa around the ...
5 Tips For Introducing Your Dog To A New Family Member Minimise Disruptions Dogs can become distressed when their environment is disturbed, so it’s important to make sure you don’t make too many changes to your home in a short space of time. Introduce the new furniture slowly, and make the baby-proofing changes gradually on the run up to the arrival or your newborn. If your pet usually sleeps in your room but won’t be able to after ...
4% rise in international visitor numbers in Americas in first half of 2016 The UNWTO World Tourism Barometer reports that international arrivals in the Americas increased by 4% in the first half of 2016, led by Central America and South America. Europe (+3%) showed mixed results, with solid growth in many destinations offset by weaker performance in others. “Tourism has proven to be one of the most resilient economic sectors ...
Australian Dollar Forecast – Australian Dollar at Risk on US Data, Trump Cabinet Appointments The Australian Dollar may face renewed selling pressure as US data boosts Fed tightening expectations and Trump cabinet appointments continue to pour in. British Pound Forecast – British Pound May Weaken on Profit-Taking, Year-End Flows The British Pound may weaken amid a lull in top-tier news flow amid profit-taking following six ...