The US Dollar may overlook data on durable goods orders and home sales as well as Fed commentary, with markets fully focused on an upcoming speech from President Trump.
Crude oil prices have stalled anew as traders weigh conflicting supply trends, with OPEC production cuts applying upside pressure even as swing output booms.
The Australian Dollar gained after the release of a very strong roundup of corporate profits in its home country. The chances that Australia entered recession in the fourth quarter look very remote now.
[at CNBC] – Sue Decker is one of the few people that some of the top U.S. companies seek for guidance.
The New Zealand Dollar recoiled downward after testing now-familiar range resistance above the 0.72 figure, hinting at renewed selling ahead against the currency’s US cousin.
The Australian Dollarappears to be topping as expected, with prices putting in a bearish Evening Star candlestick pattern and breaking support guiding prices higher since mid-January.