South Korea Nikkei Markit Manufacturing PMI above forecasts (48.5) in November: Actual (52.9)


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AUD/USD: Risk-on mood, upbeat second-tier Aussie data back bulls attacking 0.7700

AUD/USD takes the bids to refresh intraday high after Monday’s downbeat performance. The aussie pair recently benefited from upbeat data at home and risk-on mood as Tokyo opens. Incoming Treasury Secretary Janet Yellen’s indirect support to Biden’s stimulus favor the risk-takers.

AUD/USD News

EUR/USD:Falling wedge on 4H tests bearish impulse below 1.2100

EUR/USD portrays choppy trading moves between 1.2075 and 1.2080 during Tuesday’s Asian session. Bullish chart pattern, recovering MACD keep buyers hopeful. Early February lows, 61.8% Fibonacci retracement add to the downside filters.

EUR/USD News

Gold: All eyes on the greenback and US yields

Gold prices are attempting to recover as te DXY stalls in its bullish correction. The dollar could still be a catalyst for a deeper positioning squeeze in the yellow metal. The US dollar strengthened for a third consecutive day on Monday.

Gold news

Stellar awaits a massive breakout but remains inside a no-trade zone

XLM has continued to trade sideways since we last reported about it. The digital asset remains locked inside a tightening range which will eventually burst. 

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US Dollar Index: Immediately to the upside comes 91.00

DXY extends the march north and already trades at shouting distance from the 91.00 barrier, or new 2021 highs.

US Dollar Index News

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