Share: AUD/USD remains sidelined after barely defending six-week losing streak. China halves stamp duty on stocks trade to boost economy, industrial profits drop for seven consecutive month. Australia Treasurer Chalmers flags economic fears due to RBA rate hike, China slowdown. Australia Retail Sales will direct intraday traders amid mixed central bank clues but […]
Share: GBP/USD erases last Friday’s losses and climbs above the 1.2750 figure though it remains trading subdued amidst the lack of catalyst involving the Sterling (GBP) and the US Dollar (USD). US Treasury bond yields rise, but the US Dollar (USD) is pressured ahead of the Jackson Hole Symposium. At the time of […]
Share: GBP/USD retreats from daily highs and losses for the second day in the week but remains set to finish the week on a higher note. Retail Sales in the United Kingdom (UK) were softer, but most data supports the Bank of England’s (BoE) case for a rate hike at its upcoming meeting. The GBP/USD […]
