Commodities rise, major stuck – tension rises towards Fed

This is the wrap of the morning show. Rises in commodity prices send commodity currencies higher, with AUD and CAD at critical levels. In the meantime, the euro and the yen were left hanging in ranges. Tension in markets is growing towards the big events tomorrow, but this doesn’t mean we cannot see further breakouts already now.

Feedback is always welcome.

 

Get the 5 most predictable currency pairs

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.