US Dollar Draws Near Key Support; EUR/USD to Two-Month Highs
It's been a fast and aggressive move of USD-weakness so far in Q2, but the Greenback has come to a key area on the chart around the 90-handle in DXY.
British Pound May Extend Sharp Rise with Queen's Speech in Focus
The British Pound may continue to build higher after scoring the largest one-day rise in 14 months if the Queen’s Speech encourages BOE stimulus withdrawal bets.
AUD/USD Eyes Chinese Inflation Amid Iron Ore Strength, US Dollar Fragility
AUD/USD is slightly weaker but remains near multi-month highs as the currency pair eyes Chinese inflation data amid surging iron ore prices and a weak US Dollar.