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  • Writer's picturefxmethods

DOLLAR ON BACK-FOOT, POUND RECOVERED.

FOREX

  • Risk-off environment where both the US Dollar and yields sunk and gold surged.

  • EUR/USD technical analysis: On the defensive near 1.1238/40 key resistance

  • GBP/USD seesaws near 1.2430 amid no-deal Brexit worries

  • USD/JPY: Trickles below 108 handle and holds there in Tokyo open

  • U.S. and Japan working to reach agreement on bilateral trade agreement - RTRS

  • AUD/NZD technical analysis: At 15-week low ahead of Aussie job report

  • AUD/USD overnight volatility spikes ahead of Aussie jobs data

  • PBOC sets Yuan reference rate at 6.8761

  • USD/IDR technical analysis: 10-day EMA questions buyers waiting for Bank Indonesia rate decision

  • AUD/JPY trapped in a narrow range, eyes Aussie jobs data

  • GBP/JPY remains on a back foot as bears cheer macro political plays

  • ECB to cut rates in September - Reuters poll

  • BTC/USD revives the uptrend – Steps above $9,500

COMMODITY

  • WTI technical analysis: Bears in control below daily moving averages

  • Bears now look to the 52 handle in series of lower lows.

  • Overnight, WTI took on fresh weekly lows below the prior 56.77.

  • Gold prices consolidate the rally from overnight, trading at $1425 currently, below the $1,430 high.

  • Technically, a symmetrical triangle is taking shape, with price progressing towards a breakout one way or the other.

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