Markets Staying in Tight Range, Inflation and Sentiment Data to Highlight the Week
The financial markets are rather steady in Asian session today, showing little reaction to the […]
Recession Concerns Eclipsed a Week Laden with Key Event; Aussie Bear the Brunt
A cloud of recession fears dominated a week full of significant events, with disappointing PMI […]
AUDUSD Retraces Back into Rectangle After Failed Breakout
AUDUSD managed to cross above its rectangle pattern and post a fresh four-month peak of 0.6898 […]
AUD/USD Could Restart Increase, 100 SMA Is The Key
Key Highlights AUD/USD started a downside correction from the 0.6900 zone. It traded below a […]
How Can BoE Monetary Policy Statement affect the GBP?
In May, against expectations of a slowdown, inflation stubbornly held at 8.7%, creating additional pressure […]
Gold Struggles to Bounce
AUD/USD pulls back The Australian dollar fell after dovish RBA meeting minutes showed a pause […]
USD: When Will the Downtrend End?
The possibility of a US recession has ignited intense debates, especially as the labor market […]
AUD/USD – Aussie Slides after Dovish RBA Minutes
RBA minutes state that the rate hike decision was close China’s central bank trims key […]
AUDJPY Reaches New 2023 High in Exponential Move Since Early June
AUDJPY has been recording an exponential move since early June, registering nine consecutive green candlesticks. […]
AUD/USD and NZD/USD Regain Strength
AUD/USD is gaining pace and might climb further higher above 0.6900. NZD/USD is also showing […]
AUDUSD Starts New Elliott Wave Impulse Higher
Short Term Elliott Wave View in AUDUSD suggests the pair ended wave (B) at 0.6458. […]
EUR Gains Momentum
EUR/USD surges towards recent peak The euro soared after the ECB’s eighth consecutive interest rate […]