Australian Dollar: USD/AUD (AUD=X) likely that we should continue to see downward pressure

Australian Dollar: USD/AUD (AUD=X) likely that we should continue to see downward pressure The Australian dollar initially tried to rally during the trading session on Wednesday, but then broke down significantly to reach towards the bottom of the recent consolidation. That being said, it looks as if the Australian dollar is going to continue to reach…

Silver 1 OZ 999 NY (XAG=X) moderately higher amid heightened concerns about slowing world economic growth

Silver 1 OZ 999 NY (XAG=X) moderately higher amid heightened concerns about slowing world economic growth Gold and silver prices are moderately higher in early U.S. trading Wednesday. Safe-haven demand continues to be featured for the two precious metals at mid-week, amid heightened concerns about slowing world economic growth. Geopolitics also remains close to the front burner of…

New Zealand Dollar: NZD/USD (NZD=X) traders are also paying close attention to global bond yields and investor demand for riskier currencies

New Zealand Dollar: NZD/USD (NZD=X) traders are also paying close attention to global bond yields and investor demand for riskier currencies The New Zealand Dollar is trading flat early Wednesday with prices continuing to flatline around the mid-point of the August 7 wide-range trading session. That was the day that the Reserve Bank of New…