Won’t someone please think of householders? 

EUR/USD’s recovery appears to have met some minor resistance just north of 1.1900 the figure, although its broader picture keeps favouring extra advances in the short-term horizon, with the immediate target at the 1.2000 threshold.

The battle of wills between buyers and sellers continues. The Gold price has spent most of Tuesday confined within Monday’s range and is currently struggling to hold above $5,000, unable to surpass last week’s peak at $5,092.

Despite AUD/USD pulling back a little, it still has a medium-term positive tone overall, reinforced by the RBA’s hawkish narrative, while speculative positioning also has its say.

The EUR/USD pair hovered around 1.1900 throughout the first half of Tuesday, unable to attract investors ahead of the release of United States (US) data. The Greenback enjoyed some near-term demand ahead of the release of Retail Sales data, but quickly changed course after the disappointing reading.

Near a mark of 6,979.50 at the moment in futures trading, the S&P 500 is flirting with its highest level, this as financial institutions and large players both continue to stress nervousness although it appears they are buying.