Forex

AUD/USD soared on Friday after Powell’s words at the Jackson Hole Symposium. Powell hinted that the Fed is ready to cut rates. On the other hand, the RBA…

EUR/USD tipped into 1.1300 for the first time in over a year on Friday. Fed policymakers open the door to rate cuts during Jackson Hole. Coming up next…

NZD/JPY gained ground on Friday's session, mildly to 89.95. The RSI holds near neutral territory, indicating a balance between buying and selling forces.…

Mexican Peso rallies sharply with USD/MXN falling over 2%. Mexico’s economy shows mixed signals, with Q2 GDP growth at 2.1% YoY but a contraction in…

Gold prices jump over 1% after Fed Chair Powell hints at upcoming rate cuts, expressing confidence in inflation nearing the 2% target. The US Dollar Index…

The Australian Dollar (AUD) could continue to advance, possibly to last month’s high, near 0.6800, UOB Group FX strategists Quek Ser Leang and Peter Chia note.…

GBP/JPY makes gains after a run of positive data out of the UK, including strong PMIs. Upside is limited by the strength of the Yen after comments from BoJ…

Bank of England (BoE) Governor Andrew Bailey speaks today in Jackson Hole (1600) and we think he may emulate Powell’s approach in saying as little as possible.…

Atlanta Federal Reserve President Raphael Bostic said on Friday that they are going to have to think hard about what's happening in labor markets, per Reuters.…

AUD/USD is correcting within its short-term uptrend.  The pair broke below a key trendline but has recovered over recent periods.  AUD/USD corrects back…