Earnings knock US Stocks; USD drops; Gold rebounds

News & Analysis Key data and releases coming up: ▸  22:45 AEDT – EUR Minimum Bid Rate ▸  23:30 AEDT – EUR ECB Press Conference; USD Unemployment Claims The Dow had its worst day since September 5th overnight losing 200 points at one stage. Disappointing earnings last...

Oil – Buyer exhaustion?

News & Analysis Recent drives have looked positive for oil, despite price has been unable to close above $52.45. In the last three sessions buyers have tried however attempts to break above that level have been knocked back so far. Price shows a rough looking double...

Employment data lifts AUD

News & Analysis Today’s employment data gave the AUD a lift to the USD and JPY. On release, the AUDUSD increased by 25 pips to .7871. The AUDJPY added 24 pips to hit an 88.87 high. The data shows a steady increase in employed persons – a gain of 2.8% from...