United States Unemployment Rate in line with forecasts (3.7%) in November


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GBP/USD: Falling channel breakout on 15-min targets 1.3400

GBP/USD's 15-min chart is reporting a bearish channel breakout, with the bulls aiming to regain the 1.34 handle amid growing Brexit optimism. However, the breakout may be short-lived, as the daily chart is reporting oversold conditions. 

GBP/USD News

AUD/USD struggles to gather upside traction despite upbeat China data

AUD/USD is struggling to build bullish momentum despite the above-forecast China data. The bullish pressure remains weak, possibly due to the news that China is planning to lower its 2020 GDP target to 6% from the current year's 6.5%. 

AUD/USD News

USD/JPY bulls cling to trade deal hopes on 109 handle

USD/JPY has opened the week on the backfoot but has stablised above four-hour bullish moving averages, as well as the rising 21-DMA while risk appetite remains elevated. USD/JPY is currently trading at 109.35.

USD/JPY News

Gold: Flatlined after the biggest weekly gain since September

Gold is lacking a clear directional bias in Asia, having eked out its biggest weekly gain in nearly three months. The yellow metal is currently trading at $1,474 per Oz, representing little or no change on the day.

Gold News

Central Bank Meetings and Flash PMI Reports, but It's Over except for the Shouting

After last week's flurry of events, market activity is set to slow over the next three weeks.  But what a flurry of events it was.  A new NAFTA apparently has been agreed. This week's highlights include the flash PMIs and several central bank meetings.

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