The Australian dollar edges lower from new highest in nearly two weeks in early Tuesday, consolidating strong rally in past two days. Overbought conditions on daily chart prompted a partial profit taking, though near-term structure remains bullish and so far unharmed from downbeat data which showed Australian consumer confidence falling to multi-year lows, while business […]
The post AUDUSD: Aussie Keeps Firm Tone Despite Weak Economic Data appeared first on Action Forex.
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Goldman Sachs just made it official: The pain at the pump is not going away anytime soon. The bank now expects Brent crude to average above $100 a barrel in March and $85 in April, Read more…
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