Online broker AMarkets

AUD/USD: AUD/USD is trading around 0.7150, close to its highest level in months after a strong rally that has lasted several weeks. Two forces have pushed the Aussie higher. The first is a weaker U.S. dollar, which has broadly declined as markets expect the Federal Reserve to keep rates on hold. The second is the Reserve Bank of Australia, which is taking a t...

EUR/USD: The pair is trading around 1.1680, near a three-month high, but 1.1700 has proved a stubborn ceiling. The move is really about the dollar. The greenback has weakened for two main reasons: the latest Federal Reserve minutes cooled expectations for a rate hike, while reports of U.S. Treasury intervention in the bond market added to the dollar’s decline...

The most profitable trade last week was a long position on silver (XAG/USD). The trader earned a 9.18% return over three trading days, or $21,181, by opening a 0.73-lot long position and correctly identifying the start of the instrument’s upward move.

BUY ...

Dear clients,

Please note that this schedule is intended for informational purposes only and may be subject to change.

Dividends:

— Monday, 24.08 — LYB.US, MCHP.US, MMM.US, PAAS.US, R.US

— Tuesday, 25.08 — JNJ.US, PRU.US, DowJones30, S&P500

— Wednesday, 26.08 — SPGI.US, S&P500

— Thursday, 27.0...

XAU/USD: Gold is trading near $4,550 an ounce, its highest level since June, and the rally still has room to run. The main catalyst is the U.S. Treasury’s decision to at least double its buybacks of longer-dated government debt. That matters for gold in two ways. First, it puts downward pressure on yields. When the Treasury buys bonds, their prices rise and y...