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Source: Forex Live News Agency
1 month ago
Forex Medium Importance
investingLive Asia-Pacific market news: Diesel crack hits record $102, gold fell under $4400

investingLive Asia-Pacific market news: Diesel crack hits record $102, gold fell under $4400

Oil markets found renewed support Monday after UKMTO reported a vessel was struck while transiting the Strait of Hormuz, sustaining damage to its engine room and a crew casualty. The incident adds to an already fragile picture in the strait following the lapse of the 60-day US-Iran memorandum of understanding, with the market continuing to price a lack of near-term de-escalation.

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XAUUSD XAU/USD
Source: Forex Live
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Source: Forexcom News Agency
1 month ago
Forex Medium Importance
Australian Dollar Outlook: Sentiment Rebounds, AUD/USD Nears Resistance

Australian Dollar Outlook: Sentiment Rebounds, AUD/USD Nears Resistance

Australian consumer sentiment rebounded sharply in August after the RBA held rates, although underlying weakness keeps the case for further tightening in check. Meanwhile, AUD/USD remains near 10-week highs but is showing early signs of fatigue around resistance ahead of Thursday's employment report.

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AUDUSD AUD/USD
Source: Forexcom
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Source: Forexcom News Agency
1 month ago
Forex Medium Importance
USD/CAD reversal risk builds ahead of tariff deadline

USD/CAD reversal risk builds ahead of tariff deadline

After a relentless unwind since early July, USD/CAD is showing signs that the bearish move may be losing momentum. A bullish reversal signal has emerged around a major support zone, just as a looming US-Canada tariff deadline presents a binary event capable of sparking renewed volatility in the pair.

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USDCAD USD/CAD
Source: Forexcom
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Source: ExchangeRates News Agency
1 month ago
Forex Medium Importance
Gold Is Giving the Australian Dollar an Extra Tailwind

Gold Is Giving the Australian Dollar an Extra Tailwind

Standard Chartered targets AUD/USD at 0.74 in three months and 0.75 in a year, with the RBA, China and commodities offering support. The Australian Dollar to US Dollar (AUD/USD) exchange rate is forecast to rise to 0.74 in three months and 0.75 over 12 months by Standard Chartered.

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AUDUSD AUD/USD
Source: ExchangeRates
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