The RBA’s surprise hike caught AUD/NZD traders with their guard down. As a result, the pair traded to its highest level since August 2018. The Reserve Bank of Australia (RBA) surprised markets with its first interest rate of the new tightening cycle by hiking 25bps to take rates from a record low 0.1% to 0.35%. […]
The post AUD/NZD Technical Breakout on RBA Rate Hike appeared first on Action Forex.
Cable holds in red on Thursday and pressuring key support zone after overnight’s 0.5% jump on news of possible US/UK trade deal, was quickly reversed. The US President Trump is expected to announce the details Read more…
Market picture Crypto Market cap has increased by 2.8% in the last 24 hours to $3.07 trillion, reacting positively to the US-China trade talks scheduled for the weekend. The recent move above this round level Read more…
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