AUD/USD trades in the red amid overbought signals on the daily chart.  The pair still appears set to end the month on a positive note. AUD/USD is currently trading largely at 0.7173, representing a 0.17% decline on the day, having hit a multi-month high of 0.7197 on Wednesday.  Despite the pullback, the pair is still

Gold (XAU/USD) treads water around $1950, as the bulls turn cautious in the run-up to the Fed showdown. The dovish Fed expectations amid coronavirus-led economic risks and US fiscal stand-off keep the upside favored in the yellow metal. The buyers, however, await a fresh impetus for the next push higher, especially after a volatile session

The US dollar may finally be losing its luster. The US Dollar Index peaked on March 20th, but has since fallen 8% through July 24th. Lisa Shalett from Morgan Stanley sums up three recent catalysts that have contributed to a weaker dollar. If USD weakness persists, it could push up US inflation and press down on equities.

EUR/USD remains bid amid broad-based US dollar sell-off. Gold nears record high of $1,920 reached in September 2011.  EUR/USD’s daily RSI shows overbought conditions.  EUR/USD jumped to a fresh 22-month high of 1.1691 soon before press time, having rallied by 2% last week.  The pair printed solid gains last week and is better bid at