The pace of future RBA hikes is up for question AUD/USD is below the key 0.70 psychological level The Same Old Story The RBA raised its policy rate by 50 bps on Tuesday to 1.85% – its fourth consecutive hike and the steepest in nearly 30 years. But that’s done little to lift AUD/USD, which […]
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Paris knows how to put on a show — but this wasn’t fashion week. Inside the gilded walls of Salle Pleyel, better known for hosting France’s César film awards, a luxury giant hosted its shareholders’ Read more…
AUD/USD retreated after edging higher to 0.6511 last week, but downside is contained above 0.6364 support so far. Initial bias stays neutral this week first. On the upside, break of 0.6511 will resume the rally Read more…
USD/CAD’s extended recovery last week indicates short term bottoming at 1.3749. Initial bias stays on the upside this week for 55 D EMA (now at 1.4053). Break there will target 1.4150 cluster resistance (38.2% retracement Read more…