Key Highlights EUR/USD failed to stay above 1.1500 and extended losses. A bearish trend line is forming with resistance at 1.1425 on the 4-hour chart. GBP/USD declined heavily and traded below 1.3320. USD/JPY struggled to climb above 159.00 and corrected some gains. EUR/USD Technical Analysis The Euro struggled to stay in a positive zone against […]
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The RBA raised the cash rate by 25bp to 4.60% in a unanimous decision, but the stronger signal came from its assessment that previously identified inflation risks are now becoming reality. The Board said “some Read more…
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.60 per cent. Inflation remains elevated and some of the upside risks flagged in August are materialising. The conflict in Read more…