It’s been a rough couple of weeks for the Australian dollar. “End-of-cycle” thinking after the RBA’s dovish November hike, an 18% plunge in crude oil last week, and fresh concerns around the AI/data centre growth story following a Democrat sweep in the US midterm elections all weighed on the currency. AUD/USD finally gave way late […]
The post A Bruising Week for the Australian Dollar appeared first on ActionForex.
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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal For a lot of rooms, there’s Read more…
Gold has rebounded to around 4,118 after gaining 5.02% last week, driven more by falling oil prices and lower Treasury yields than by safe-haven demand. Tuesday’s US CPI report could decide whether the recovery clears Read more…