AUD/USD Sinks as S&P Downgrades Australian Credit Rating Outlook

AUD/USD Sinks as S&P Downgrades Australian Credit Rating Outlook
FOMC Minutes Show Labor and Brexit Driving Uncertainty at the Fed
Near-term Setups in AUD, CAD, NZD & USDOLLAR into NFPs
AUD/USD is Constructive - Threatens Resistance Break
China’s Market News: PBOC Addresses Weakness in Yuan Index
EUR/USD Whipped Lower, Rebounds Higher as US ISM Services Soars
Crude Oil Prices Rebound at Support
CAC 40 Trades Lower for 3rd Session
As Brexit-Borne Contagion Spreads, Falling Yields Boost JPY and Gold
NZD/USD Trading With Risk Trends Ahead of ISM Figures
Crude Oil Prices May Break Range Floor Amid Risk Aversion
US Dollar Response to ISM Data May Hint at Post-NFP Price Action
ASX 200 Technical Analysis: 5,200 Back in Focus
EUR/GBP Technical Analysis: Euro Moves to 3-Year High

Posted: 06 Jul 2016 07:57 PM PDT

The Australian Dollar declined against its major counterparts and followed ASX futures lower after S&P downgraded Australia’s credit rating outlook to negative from stable.

FOMC Minutes Show Labor and Brexit Driving Uncertainty at the Fed

Posted: 06 Jul 2016 01:21 PM PDT

Minutes released by the Federal Reserve show members of the FOMC were worried by the uncertainty created by international financial risks and May’s payrolls data with 2016’s rate forecasts cast in deep shadow.

Near-term Setups in AUD, CAD, NZD & USDOLLAR into NFPs

Posted: 06 Jul 2016 01:01 PM PDT

Trading highlighted intraday setups in AUDUSD, USDCAD, NZDUSD & USDOLLAR. Here are the updated targets and invalidation levels that matter.

AUD/USD is Constructive - Threatens Resistance Break

Posted: 06 Jul 2016 10:13 AM PDT

Aussie rebounded off confluence support yesterday with our focus higher while above the weekly open. Here are the updated targets & invalidation levels that matter.

China’s Market News: PBOC Addresses Weakness in Yuan Index

Posted: 06 Jul 2016 09:19 AM PDT

China’s Central Bank issued an official announcement to explain the recent weakness in the Yuan Index.

EUR/USD Whipped Lower, Rebounds Higher as US ISM Services Soars

Posted: 06 Jul 2016 08:35 AM PDT

The US Dollar was back in vogue after the ISM Non-Manufacturing/Services report for June showed its biggest month-over-month improvement in eight year.

Crude Oil Prices Rebound at Support

Posted: 06 Jul 2016 07:30 AM PDT

WTI Crude Oil Prices have rebounded off key support this morning near $46.00.

CAC 40 Trades Lower for 3rd Session

Posted: 06 Jul 2016 06:55 AM PDT

The CAC 40 is set to close lower for the 3rd consecutive session, and is trading down -2.16% on the day.

As Brexit-Borne Contagion Spreads, Falling Yields Boost JPY and Gold

Posted: 06 Jul 2016 05:11 AM PDT

Falling yields, rising prices for precious metals, and a buoyed greenback can only mean one thing: risk is off.

NZD/USD Trading With Risk Trends Ahead of ISM Figures

Posted: 06 Jul 2016 02:09 AM PDT

The NZD/USD seems to fluctuate with stock prices as we look forward to event risk ahead with the ISM data in focus

Crude Oil Prices May Break Range Floor Amid Risk Aversion

Posted: 06 Jul 2016 01:03 AM PDT

Crude oil prices have slumped back to range support above the $45/barrel figure and may break through it as stock futures warn of continued risk aversion on the horizon.

US Dollar Response to ISM Data May Hint at Post-NFP Price Action

Posted: 06 Jul 2016 12:02 AM PDT

The response of the US Dollar to an upbeat service-sector ISM report may offer clues about how the safe-haven currency may behave after Friday’s US jobs report.

ASX 200 Technical Analysis: 5,200 Back in Focus

Posted: 05 Jul 2016 11:17 PM PDT

The ASX 200 is seeing a bounce from the 200 day moving average which puts the focus back on the 5,200 level for possible resistance

EUR/GBP Technical Analysis: Euro Moves to 3-Year High

Posted: 05 Jul 2016 08:51 PM PDT

The Euro continues to push upward against the British Pound having produced the largest daily advance on record following the UK “Brexit” referendum.