Analysts at TD Securities explained that markets traded with an upbeat tone on Tuesday with US equities up 0.5% on strong corporate earnings while Canadian stocks edged lower by 0.2%. Key Quotes: “Treasury yields were little changed on the day aside from a slight rally in the long-end, which helped 5s30s to narrow by 2bps and unwind a portion of the recent steepening.” “AUD (+0.5%) and GBP (+0.3%) led an advance in G10 currencies, with EUR (-0.1%) the only major to underperform. Sterling rallied on reports that PM May has assumed control over Brexit negotiations. Australian CPI and NZ trade are the data highlights for the Asia session while the Trump/Juncker meeting on auto tariffs will be closely watched later in the day.” “USD/JPY is in focus ahead of the BoJ with spot holding to a 111.00/50 range. The CNY daily fix is back as a barometer, and today at 6.7891 sparked “weakest in a year” headlines, weighing on Asian FX. Still, the CNY has only returned to levels seen a year ago overall.” “AUD/USD flirts with the upper-end of its range near 0.7450 ahead of Q2 CPI print. A firm number is expected, but a sustained follow-through should prove fleeting as the policy outlook will be static. AUD remains deferent to global trade tension and broad USD. 0.7485/90 (July 9 high) will be key resistance. As signs emerged that the bottom is in sight for base metals, we opted towards buying copper ahead of possible souring negotiations at the world’s largest mine, as the union is set to respond to BHP’s final offer. But as the complex started to rebound, we also took profits on our short nickel trade and booked a 10.7% profit.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next WTI extends higher on API report to $68.70 in post-settlement trade FX Street 5 years Analysts at TD Securities explained that markets traded with an upbeat tone on Tuesday with US equities up 0.5% on strong corporate earnings while Canadian stocks edged lower by 0.2%. Key Quotes: "Treasury yields were little changed on the day aside from a slight rally in the long-end, which helped 5s30s to narrow by 2bps and unwind a portion of the recent steepening." "AUD (+0.5%) and GBP (+0.3%) led an advance in G10 currencies, with EUR (-0.1%) the only major to underperform. Sterling rallied on reports that PM May has assumed control over Brexit negotiations. Australian CPI and NZ trade… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.