AUD/USD Double Bottom Signals Breakout Risk as Fed Pivot Cools This pair continued to consolidate within a longer-term trading range in early trade on Tuesday as market participants shrugged off last week’s soft domestic employment data and focused on scaled back bets of a Federal Reserve interest rate hike this month.
EUR/USD: Can Risk Aversion Traps Mask a Structural Rebound Attempt? While the EUR/USD certainly has provided evidence that lower realms seen in the middle of last week were too low, the ability to confront higher realms and continue climbing is not likely to remain a strong temptation quite yet.
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