The AUD/USD has broken above the 0.6400 handle today. The rise through that level extended as high as 0.6439 earlier this morning. The AUD/USD closed in the US last night at 0.6393 which was technically positive, because it was above its 50 day moving average (now at 0.6391) for the first time in many days. The weaker US dollar is the main driver for the further gains today and should this move higher continue, the next technical resistance level is at 0.6519 (current 100 day moving average). The low seen earlier today was set at 0.6389. The AUD/USD is currently trading at 0.6426
US services ISM index better but JOLTS worse-USD/JPY drops back
The November ISM service sector index has just been released. This was expected to rise slightly, from 51.8 to 52. It has actually risen to 52.7, but...
Another important number for the EUR/USD to focus on at 3pm GMT
Leaving aside the latest ISM data due out shortly, there is also another important release due out at the same time. That is the latest JOLTS, job...
US stocks open lower- Dow Jones drops back closer 36k
The US stock markets have just reopened and it has been a negative start to the session. That might change as the afternoon unfolds and as already...