Alcohol is one of the most dangerous drugs, yet its presence is ubiquitous in social settings and celebrations 
Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher 
State of emergency in Crimea as Ukraine focuses pressure on ‘jewel in Putin’s crown’ 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 
Bernstein Names IAG, Ryanair as Top European Airline Stocks Ahead of Earnings 
Vietnam’s population hit the 100 million milestone. Where’s it headed? 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
In a rebuke to Trump, the Supreme Court rules that birthright citizenship is the law of the land 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
 - EconoTimes)
Commodity pairs (AUD, NZD, & CAD) are treading waters ahead of FOMC against dollar. A chart and table is attached for explanation.
- Aussie is trading in a range of 40 pips today, waiting for policy decision by FOMC. Aussie is currently trading at 0.762. Immediate Support lies at 0.757, 0.749 & Resistance 0.775, 0.785.
- Kiwi similar to Aussie trading within a range of 40 pips. Trade balance for fourth quarter is down by $ -3.19 billion. GDP data for fourth quarter to be released at 21:45 GMT and FOMC might provide further direction for the pair. Pair is currently trading at 0.734; failing to break above the support turned resistance. Immediate Support lies at 0.72, 0.716 & Resistance 0.744, 0.757.
- Canadian dollar is the worst performer of the week and continue to lose ground trading today. Wholesale sales for January is down by -3.1% worse than previous growth of 2.8%. Bets on further easing by central bank is increasing. The pair is currently trading at 1.281. Immediate Support lies at 1.262, 1.24 & Resistance 1.284.
|
AUD |
-0.04% |
|
NZD |
0.30% |
|
CAD |
-0.32% |
