In this morning video, we talk about the currency opportunities in the USD, GBP and CHF in the week ahead. Currency moves could well be determined by the various Central Bank meeting we have scheduled.
Our AUDNZD setup is moving lower, while patience may well be needed before our next swing trade opportunity emerges.
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EUR/USD climbs to fresh monthly high above 1.0800
EUR/USD gathered bullish momentum and advanced to its highest level in a month above 1.0800 in the American session on Tuesday. The renewed selling pressure surrounding the US Dollar ahead of Wednesday's key inflation data provides a boost to the pair.
GBP/USD rises toward 1.2600 on renewed USD weakness
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Gold regains its poise on broad US Dollar’s weakness
Following Monday's decline, Gold stages a rebound toward $2,350 on Tuesday. The benchmark 10-year US Treasury bond yield stays in negative territory below 4.5% after April producer inflation data, allowing XAU/USD to hold its ground.
Ethereum knocking at support’s door
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PPI surprises on the upside, but CPI may not follow suit
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