Published: Mon, 27 Jul 2015 22:22:49 GMT
Technically weak and fundamentally not a great deal going in its favour, we could see a downside break to 72c sooner or later for AUDUSD
Published: Mon, 27 Jul 2015 20:19:43 GMT
So far, this has been one of the more exciting and volatile July's in recent years. This time last year headlines were dominated by lack of volatility but this summer could not be any much different, with several dominant themes driving global markets.
Published: Mon, 27 Jul 2015 13:20:41 GMT
The timing of the famous FED interest rate hike is a topic which is just not going to go away, so we find ourselves scrutinising any and every scrap of information to deter when this rise is going to occur. I think we can safely bet there will be no rate rise this week so it becomes an issue of clues to timing the rise, over if they raise or not.