Uncategorized

A strong close last week sets up AUD/USD for the upcoming data heavy week with focus on the Fed.
The daily price is breaking the bullish triangle pattern to above for the secondary bear market rally to be continuing with the possible daily bullish reversal.

more...

The European Central Bank raised its interest rates for the first time in over a decade on Thursday, by a bigger-than-expected 50 basis points, and unveiled an anti-fragmentation tool called the Transmission Protection Instrument, or TPI.

more...

Overall consumer prices in Japan were up 2.4 percent on year in June, the Ministry of Internal Affairs and Communications said on Friday.

more...

The Bank of Japan kept its ultra-loose monetary policy stance unchanged and raised its inflation outlook on Thursday.

more...

A report released by the National Association of Realtors on Wednesday showed existing home sales in the U.S. tumbled by much more than expected in the month of June. NAR said existing home sales plunged by 5.4 percent to an annual rate of 5.12 million in June after slumping by 3.4 percent to an annual rate of 5.41 million in May.

more...