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It has been a rough start to the week for the Australian dollar. AUD/USD dropped 0.68% on Tuesday and is down 1.36% on the week. In the European session, the Australian dollar is trading just above...
Although most of the traders in the Forex Analytix community have turned bearish on the AUD/USD over the last week, it's important to talk about "why" that is technically and show you where we are...
FX markets were largely in a consolidation phase last week, partly due to holidays in the Asia Pacific region and a lack of Tier 1 data throughout the week. Further contributing to price action in...
MON: Swiss KOF (Jan), Japanese Retail Sales (Dec), Japanese Unemployment (Dec), UK Nationwide House Price (Jan) TUE: Australian Retail Sales (Dec), Chinese NBS PMIs (Jan), German Import Prices (Dec),...
Leaving aside the Australian dollar, which is benefiting from the optimism over China's re-opening and a reassessment of the trajectory of monetary policy after a stronger-than-expected inflation...
The Australian dollar has extended its rally with solid gains on Wednesday. In the North American session, AUD/USD is trading at 0.7080, up 0.51%.Australian Inflation Jumps to 8.4%RBA policymakers are...
Amid sharp losses in the US equity futures, the US dollar is mostly firmer against the G10 currencies. The notable exception is the Australian dollar, where high-than-expected inflation boosts the...
The Price Filter Indicator suggests that the AUD/USD has entered a bullish trend. The indicator has moved above the 0-line and turned green, which is a bullish signal with this indicator. This is...
As 2023 gets underway, so do the central bank meetings and the Bank of Canada will be the next after the BoJ to announce its first policy decision of the year. Meanwhile, investors will be nervously...
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