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9 May 2018

United States MBA Mortgage Applications: -0.4% (May 4) vs -2.5%

May 9, 2018

EUR/USD recovery test 1.1860 ahead of US PPI

The upside momentum in the greenback appears somewhat mitigated today, allowing EUR/USD to bounce off lows and re-test the 1.1860/70 band. EUR/USD lo
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May 9, 2018

AUD/USD recovers early lost ground to 11-month lows, US PPI eyed

   •  A modest USD retracement from YTD tops prompt some short-covering move.    •  Traders seemed to have largely negated a strong uptick in the US
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