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AUD/USD trades flat near 0.7285 versus 0.7266 in early Asia. Australia's Retail Sales rose 1.6% in October, beating estimates. China held benchmark interest rates unchanged at 3.85%. The bid tone around the Aussie dollar strengthened, helping AUD/USD reverse early losses after Australia's macro data

GBP/USD is embarking on a correction towards a 38.2% Fibonacci of the September bearish impulse.  This gives rise to a downside extension in a 1,2,3 setup. The market is a potential fade on rallies and from a top-down analysis, a potential sell limit setup is illustrated in the following flow of ch

Thailand's exports declined less than expected in July, data from commerce ministry revealed on Monday. Exports were down 11.37 percent on a yearly basis to $18.8 billion. Shipments were expected fall 17.8 percent in July. At the same time, imports logged a sharp decrease of 26.38 percent compared t

July month employment statistics from the Australian Bureau of Statistics, up for publishing at 01:30 GMT on Thursday, will be the immediate catalyst for the AUD/USD pair traders. The figures become all the more important as traders will be keen to observe job recovery after the economic halt and am

NZD/USD keeps the late-US session bounce off 0.6625. New Zealand Trade Balance in June recovered from $-1.29B to $-1.2B on YoY. Market sentiment sours amid escalating tension between the US and China, odds of delay in the US fiscal stimulus. Preliminary readings of monthly PMI from Australia and the

Gold prices struggle to justify the pullback from $1,879.24. The US-China tussle gets heated as US President Trump frets about the trade deal. Increasing odds of a delay in the US stimulus, downbeat US data adds strength to safe-haven demand. Early-month Preliminary PMIs will decorate the calendar,

Partly reflecting a substantial rebound in gasoline prices, the Labor Department released a report on Tuesday showing U.S. consumer prices increased by slightly more than expected in June following three straight monthly declines. The Labor Department said its consumer price index climbed by 0.6 per

Yen and, to a slightly lesser extent, Dollar soften further as markets are in mild risk-on mode this week. There were some jitters from White House adviser Peter Navarro’s comments on US-China trade deal. But dusts quickly settled after his clarifications. Yen is additionally pressured by the poor P

More Uncertainty of 2nd Wave in China. Unemployment Rate Expecting High above 8%  AUD/USD is trading in the green and is fighting hard to stay above an important uptrend line. We'll see what will happen because a USDX's rally could send AUD/USD in the seller's territory soon. Waiting for AUD data t

Senior Associate Sam North delivers a technical outlook for the week ahead. Topics covered include: EURUSD GBPUSD (03:23) AUDUSD (05:26) US Equities (07:48) Gold (15:01) Silver (16:08) Crude Oil (16:55) Dax (18:26)

Gold prices extend pullback from $1,739.95, the highest since June 02. Risk-off sentiment, US-China tussle might have favored the greenback off-late. US Federal Reserve marked a dovish appearance on Wednesday. Second-tier US data, qualitative catalysts can offer immediate direction to the commodity