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The Australian Dollar jumped around through the week, with an RBA rate hike and Fed speakers undermining it before trade data provided some support. Where to for AUD/USD? The daily chart is on ranging near and below Ichimoku cloud and Fibo support level at 0.6906 for trying for the bearish trend to be continue or for the primary daily bullish reversal to be started. more...
GBP Suffers on the BoE’s Bleak Outlook. The daily price is trying to break the bullish triangle pattern with resistance level at 1,2292 to above for the possible daily bullish rebersal to be started. more...
New orders for U.S. manufactured goods showed a significant increase in the month of June, according to a report released by the Commerce Department on Wednesday. The report showed factory orders shot up by 2.0 percent in June after surging by an upwardly revised 1.8 percent in May. more...
The total value of retail sales in June was up a seasonally adjusted 0.2 percent on month in June, the Australian Bureau of Statistics said on Wednesday - coming in at A$34.239 billion. more...
UK house price inflation accelerated less-than-expected in July, after easing in the previous three months, survey results from the Nationwide Building Society showed on Tuesday. The house price index logged a double-digit annual growth of 11.0 percent in July, faster than the 10.7 percent rise in June. However, this was slower than the economists' forecast of 11.5 percent. more...