The AUDUSD edges higher on Friday as traders collected profits on oversold conditions after steep six-day fall, with the sentiment being improved by growing expectations for RBA’s 0.15% rate hike. Although reversal pattern is forming on a daily chart, recovery is likely to be limited, as key factors, such as global growth slowdown; expectations for […]
The post Aussie Bounces on RBA Rate Hike Expectations But Overall Picture Remains Negative appeared first on Action Forex.
Apple shares edged lower in early Thursday trading, extending a move into correction territory for the world’s second-largest tech stock, following a price target downgrade from Goldman Sachs analysts ahead of its December quarter earnings Read more…
The Japanese yen is slightly lower on Thursday. In the European session, USD/JPY is trading at 156.25, down 0.16% on the day. BoJ expected to hike rates All eyes are on the Bank of Japan, Read more…
USD/JPY rebounds near 50-day EMA ahead of BoJ’s rate decision. Technical signals improve, but a close above 156.65 still needed. USDJPY found fresh buying interest near its 50-day exponential moving average (EMA) around 154.70 and Read more…