The Australian Dollar still completely lacks domestic monetary policy support, and that will weigh on it more heavily in time. However, for now trade is running the table.
Crude oil prices may trade higher over the coming days as the Relative Strength Index (RSI) sits in overbought territory for the first time in 2019.
A softer Brexit outcome is beginning to look more likely after the UK Parliament took a no deal Brexit off the table, while the potential for a year long Article 50. delay may usher in a second referendum.
See what live coverage is scheduled to cover key event risk for the FX and capital markets on the DailyFX Webinar Calendar.
See how retail traders are positioning in the majors using the IG Client Sentiment readings on the sentiment page.