Fed Delivers as Expected, USD Selling Exacerbated by Month-End Flows. Stretched Euro Positioning Reduces the Appeal in the Short Term. EUR/USD holding patten as markets await September breakout. US Dollar selling the dominant theme. more...
The price of oil pulls back from a fresh monthly high ($43.78) even though US Crude Inventories contract for six consecutive weeks, and energy prices may continue to consolidate over the coming days as the Organization of the Petroleum Exporting Countries (OPEC) gradually rollback the voluntary production cuts in response to COVID-19. more...
The Australian Dollar has kept a bid alongside the slow-and-steady decline in volatility. RBA minutes, impact of coronavirus lockdown measures might undermine the Aussie. more...