Australian Dollar (AUD)

(FTSE)UK 100 hitting peaks and troughs The (FTSE)UK 100 struggles with momentum despite upbeat UK GDP data. Sentiment has turned cautious after the index saw another firm rejection just below the 9200 level. A bounce above the first…
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(Nasdaq)NAS100 driving higher The (Nasdaq)NAS100 remained calm as a heavy rejection of the previous record high led to a slight pullback in price action. The index came across selling interests after it fell lower. Profit-taking has…
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On Thursday, all eyes will be on China's July trade balance as traders gauge the impact of Trump's trade war and the outlook for the global economy. China's imports are, of course, vital for the Australian economy so the Aussie could be…
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(Nasdaq) US 100 falls lower The (Nasdaq) US 100 fell again from record territory as stocks across the board are left licking their wounds. Despite this drop, the psychological level of 23000 has seen a buildup in buying pressure, and a…
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(UK 100) FTSE extending the record The (UK 100) FTSE was boosted by early rumours that trade deals within the EU are close to completion. A bounce above the first resistance level of 9000 prompted short-term sellers to cover, giving…
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(UK100) FTSE pushing higher American indices aren't the only ones benefiting from a bullish market. The (UK100) FTSE hit another high after moving over 150 points higher. 8860 is a key level to maintain the index's upward momentum, as…
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(FTSE) UK 100 seeking support The (FTSE) UK 100 gave some rebound on the recent sell-off but now looks likely to test the recent low at 8730. The index has been hitting a lower low from the middle of June, when prices hit the first key…
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The Gold (XAUUSD) tests demand zone The Gold (XAUUSD) corrected after reaching oversold levels as prices ventured towards $3400. An initial bounce is a sign of profit-taking by short-term sellers in the mid-3350 area, which could ease…
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The lack of progress in reaching trade deals is starting to worry markets. One of the ways that traders are trying to get ahead of the situation is taking long positions in Asian (and Oceania) currencies. At least, according to a recent…
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Nasdaq 100 (NAS) bounces higher The Nasdaq 100 (NAS) hits another fresh high as investors pile into AI-related stocks. A rise above the previous resistance at 21400 indicates robust buying interests as bears struggle to contain the…
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