US Dollar Technical Outlook: EUR/USD, GBP/USD, AUD/USD, USD/JPY
The US Dollar has showed a pullback so far in Q4, but is testing a big zone of support around prior resistance.
Euro and GBP Outlook: Volatility Ahead of BoE Testimony, ZEW Data
The Euro may fall if German ZEW data spooks markets, though its decline vs the British Pound may be less acute if BoE Governor Mark Carney’s premonitions about Brexit overwhelm GBP.
AUD/USD Downtrend Held, Yen Up. US-China Trade Deal Optimism Faded
The AUD/USD downtrend holds as US-China trade deal optimism fades, boosting the anti-risk Japanese Yen. After aggressive gains, the British Pound hit an obstacle on Brexit news.