AUDUSD pair has regained bullish momentum after bouncing from 0.55. Despite the recent Bearish pressure, the Bulls are currently trying to climb higher.
RBA on hold but may provide a dovish tone this week. Get more insights for the new trading week with AtoZ Markets’ Forex Weekly Fundamental Forecast.
Besides the cash rate decision from the RBA, we also have the Canada trade balance due for release later today on the daily Forex news.
Later in the day, we also have the US and Canada trade balance figures and the New Zealand GDT price index data on the daily Forex news. The USD is likely
As the Australian Central Bank Cuts Rate, they hope for further decline of the Aussie against the dollar, particularly considering the recent year long fall in commodity prices.
The Australian dollar strengthened about 40 pips against the USD after the release after the RBA cash rate release.
Credit Suisse has given both medium and long term AUDUSD Forecasts, based of certain fundamental factors. The Aussie has been in a downward spiral for many
The highlight of the week however,is the April Non-farm payroll report as the Fed is now clearly more data dependent.The job sector remains one of the most
For today's Forex Trading Tips we will look into another day of further opportunities as we delve into five (5) data based high impact news events.
With the purpose to boost economic development, the RBA cuts rate. First market reactions are coming in and the analysts are elaborating on the nature of...