AUD/USD is showing signs of stabilisation near 0.6465, marking its second consecutive session of attempts to recover. The Australian dollar finds some support from the hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock. Bullock stated that interest rates are restrictive and will remain so until the RBA is fully assured of […]
The post AUD/USD Stabilises Amid RBA’s Hawkish Outlook appeared first on Action Forex.
While the word “bankruptcy” brings to mind images of shuttered gates and liquidation (and that is indeed what happened to a number of low-cost airlines this year), filing for Chapter 11 protection is actually a Read more…
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EUR/USD faces pressure due to a strong US Dollar and concerns about the ECB’s policy direction. The US election and potential trade war concerns are weighing on the Euro. The interest rate differential between the Read more…