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Forex News and EventsAustralia: Not that bad Despite a challenging economic backdrop dominated by falling commodity prices and weaker demand from China, the Australian economy continues to adjust...
The data yesterday has clearly put a chill through short positions in the AUD against all major pairs apart from the NZD. The EUR, GBP, CAD, CHF and JPY were sent packing by 1% or more, to go with the...
GROWTHACES.COM Forex Trading StrategiesTaken positionsAUD/NZD: long at 1.0950, target 1.1300, stop-loss 1.0830, risk factor **AUD/JPY: long at 88.30, target 91.00, profit locked in at 88.60, risk...
RBA leaves rates unchanged The Reserve Bank of Australia kept its key interest rates unchanged as was widely expected, amid signs of improvement of business conditions over the past year and a...
The lingering impact of Mark Carney’s inability to provide a concise timeframe on a UK rate rise has punished the Sterling this week. This single currency continues to face headwinds from the...
AUD kicked off the day with the most notable move of this Thanksgiving holiday, with the currency seeing a bout of softness after Australian Capex widely missed expectations (Private Capital...
• SNB’s Jordan repeats that CHF is overvalued Swiss National Bank Chairman Thomas Jordan said in an interview that CHF remains overvalued, reaffirming the Bank’s readiness to...
AUD traded stronger overnight on comments from RBA Governor Stevens signaling a halt in interest rate cuts during December. In his speech, he suggested that the market should “chill out”...
AUD/NZD - highest since September 2015AUD/NZD continue its upward rally. In November, price increased more than 500 pips. There was a return to consolidation in which price moved from June to October...
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