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AUD/USD treaded water around 0.6360 after once again faltering near recent tops in the 0.6440 zone, always on the back of the intense recovery in the US Dollar. In the meantime, positive headlines on the US-China trade front could help the Aussie stay in the upper end of the range for the time being.
EUR/USD: Minor support lies around 1.1300
EUR/USD remained on the back footing as the Greenback intensified its recovery in response to alleviated concerns over the Fed’s independence and encouraging news surrounding the US-China trade conflict.
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Five fundamentals for the week: Traders confront the trade war, important surveys, key Fed speech Premium
Will the US strike a trade deal with Japan? That would be positive progress. However, recent developments are not that positive, and there's only one certainty: headlines will dominate markets. Fresh US economic data is also of interest.
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