The Aussie Dollar started a fresh increase from the 0.7200 support zone against the US Dollar. The AUD/USD pair traded above the 0.7300 level to move into a positive zone. The pair even traded above the 0.7350 level and the 50 hourly simple moving average. It is now facing hurdle near a connecting trend line […]
The post AUD/USD Pair Moved into a Positive Zone Above $0.7300 appeared first on Action Forex.
RBA Governor Michele Bullock pushed back against the market’s initial interpretation of a divided board, emphasizing that the 5–4 split in the decision on today’s 25bps hike reflects a debate over “timing” rather than “direction”. Read more…
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RBA delivered a widely expected 25bps hike to 4.10%, but the real surprise lay in the 5–4 split decision, exposing a deeply divided board. The narrow margin suggests that while policymakers are concerned about inflation, Read more…