Differences continue to narrow in US stimulus talks but more work needs to be done. Pelosi and Mnuchin will speak again today, according to her aide.
AUD/USD: at the strategic 0.7000
Information is not investment advice
Monday saw a halt to risky moods reigning in Forex since last week. Tuesday saw the reinstatement of the USD's power. Today, the USD is shaking again, and the AUD is back at 0.7000. Very likely, the currency pair will get up to the local resistance of 0.7030 during the day before we hear what the Federal Reserve has to say. That announcement will either make the AUD/USD break through this local resistance or bounce downwards. So watch the FOMC monetary policy statement!
The pair is testing the key pivot level at 74.40
The US-Chinese relationship has been tense amid Trump’s governance, but if Biden wins, the situation may change. Let’s find out what it means for the Chinese yuan.
One US dollar buys almost eights Turkish liras now. May it be sixteen in another couple of years? Check the article to see why that is a possibility.