The Australian Dollar nonetheless fully lacks home financial coverage assist, and that may weigh on it extra closely in time. Nonetheless, for now commerce is operating the desk.
Crude oil prices might commerce greater over the approaching days because the Relative Power Index (RSI) sits in overbought territory for the primary time in 2019.
A softer Brexit consequence is starting to look extra seemingly after the UK Parliament took a no deal Brexit off the desk, whereas the potential for a 12 months lengthy Article 50. delay might usher in a second referendum.
See what stay protection is scheduled to cowl key occasion danger for the FX and capital markets on the DailyFX Webinar Calendar.
See how retail merchants are positioning within the majors utilizing the IG Client Sentiment readings on the sentiment page.