Positive risk appetite driving a reverse on the US dollar

With an invitation extended to China from the White House for renewed trade discussions has laid the grounding for renewed positivity in market risk appetite. This comes as US inflation signals have dropped off the boil in recent days, helping to drag the dollar back, but also to renew the upside…

EUR/USD Technical Analysis: Downtrend Intact Amid Consolidation

The Euro remains locked in a choppy consolidation range after a rebound from support near the 1.13 figure stalled below resistance capping gains since early June. In fact – a brief swoon in mid-August notwithstanding – the pair has barely budged from the same congestion area since late May.

Break…

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