Forex
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Trade of The Day – AUD/USD
Facts:The pair bounced off the key resistance area near 0.6260Mid – term trend remains downwardHead and shoulders formation can be…
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Chart of The Day – AUD/USD
The Bank of Australia has decided to keep interest rates on hold at 4.1%, as expected, and the RBA has…
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Euro Moves Higher Despite Lower Eurozone CPI Reading
Eurozone CPI (Y/Y) Mar P: 2.2% (est 2.2%; prev 2.3%) – CPI (M/M): 0.6% (est 0.6%; prev 0.4%) – Core…
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To Buy or to Sell, That is The Question
We live in an era of turbulence in financial markets—pandemics, military conflicts, political uncertainty, the looming U.S. debt crisis, and…
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EUR Under Pressure Amid Weak PMI Data From Eurozone
Key PMI March headlines: Spain PMI Manufacturing Mar: 49.5 (est 49.7; prev 49.7) Switzerland Manufacturing PMI Mar: 48.9 (est 50.5; prev…
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EUR/USD holds positive ground above 1.0800, eyes on Eurozone inflation data, ECB’s Lagarde speech
EUR/USD edges higher to near 1.0815 in Tuesday’s early European session. Investors will closely monitor the new round of reciprocal…
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AUD rises as RBA’s Bullock says board did not discuss a rate cut
The Australian Dollar drifts higher in Tuesday’s Asian session. The RBA decided to keep the OCR on hold at 4.10%…
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NZD/USD holds steady around 0.5675-80 area, above multi-week low ahead of Trump’s tariffs
NZD/USD lacks any firm intraday direction on Tuesday amid mixed fundamental cues. An improvement in the global risk sentiment underpins…
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JPY remains on the front foot against USD; lacks follow-through buying
The Japanese Yen attracts some buyers on Tuesday, though it lacks follow-through. Concerns that Trump’s tariffs would impact Japan’s industries…
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AUD/JPY flat lines around 93.70, moves little after RBA decides to leave rates unchanged
AUD/JPY struggles to gain any meaningful traction and oscillates in a range on Tuesday. The RBA left the Official Cash Rate…
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