NZD/USD : extends gains to fresh three-week high.
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
USD is the Strongest and the AUD is the Weakest Today
Information is not investment advice
Ichimoku Kinko Hyo
CAD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Fibonacci Levels
XAU/USD: Gold struggles to move above 23.6% level. The current risk off mood does not help gold to move higher.
US Market View
The number of Americans applying for initial unemployment benefits unexpectedly increased to 898,000 last week, its highest since late August, compounding fears that the recovery in the labor market is stalling. China saw annual factory gate prices fall at a faster-than-predicted pace, while consumer prices rose at their slowest pace in 19 months, highlighting the challenges facing the nation in its economic recovery from COVID-19.
US Key Point
- ADP Canada Sept employment comes at -240.8K vs -205K prior
- Mnuchin supports that Trump determined to get a stimulus deal
- Initial jobless claims come at 898K vs. 825K than estimate
Gerasimos Papagiannis
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AUD/USD : climbs to three-week high as dollar continues to stay pressured.
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…
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Ichimoku Kinko Hyo CAD/JPY: The pair is trading below the cloud…
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Westpac: Bullish rally of the AUD is inevitable in Q3
According to Westpac, the AUD is undervalued. What target do they set?
NZD/USD : extends gains to fresh three-week high.
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
AUD/USD : climbs to three-week high as dollar continues to stay pressured.
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…
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