Daily Pivots: (S1) 0.6463; (P) 0.6513; (R1) 0.6541; More… AUD/USD rebounded notably today but stays below 0.6589 resistance. Intraday bias stays neutral and more consolidations could still be seen. Overall, further rally is still expected Read more…
Aussie rallied sharply on Tuesday after RBA unexpectedly held its cash rate steady at 3.85%, defying widespread expectations for a 25bps cut. While a majority of economists had penciled in an easing move, the 6-3 Read more…
RBA held its cash rate target at 3.85%, opting not to deliver the widely expected 25bps cut. The decision, passed by a 6-3 majority, reflected cautious optimism as the central bank noted more balanced inflation Read more…
At its meeting today, the Board decided to leave the cash rate target unchanged at 3.85 per cent. Inflation has continued to moderate. Inflation has fallen substantially since the peak in 2022, as higher interest Read more…
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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. The easiest way to get any party started is with some Read more…
Australia’s business sentiment improved sharply in June, with NAB Business Confidence rising from 2 to 5, its highest trend level in over a year. Business Conditions surged from 0 to 9 after weakening for five Read more…
Key Highlights GBP/USD corrected gains from the 1.3800 resistance. It found support near 1.3580 and the 100 simple moving average (red, 4-hour). EUR/USD started a consolidation phase below the 1.1820 resistance. Gold prices could extend Read more…
The Australian Dollar is coming off several weeks of strength, buoyed by broad market optimism and fading tariff concerns that have lifted global growth sentiment—typically a supportive backdrop for the AUD and other commodity-linked currencies. Read more…
Metals have seen a strong multi-year performance, largely driven by post-COVID currency depreciation. The widespread use of Quantitative Easing (QE) and balance sheet expansions by central banks put fiat currencies under pressure, giving precious metals Read more…