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China Trade to Rebound, Aussie Lifted? – Orbex Forex Trading Blog
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BySilas WEUR/USD’s extended fall last week suggests that rise from 1.1467 has completed at 1.1807 already. Fall from there is seen as the third leg of the corrective pattern from 1.1917. Initial bias stays on the downside this week for retesting 1.1467. Break there will pave the way to 100% projection of 1.1917 to 1.1467 from…
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Dollar underpinned before US inflation data, Fed speakers By Reuters
BySilas WBy Wayne Cole SYDNEY (Reuters) – The dollar edged higher on Monday (NASDAQ:) as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing’s latest underwhelming stimulus package. Highlighting the bleak background in China, data out over the weekend showed consumer prices…

