Australian dollar rose 1.2% against its US counterpart on Wednesday and hit the highest since June 2022. The rally was sparked by the media report signaling that US-Iran war might be near the end that revived demand for riskier assets. Today’s advance broke about two-week consolidation range (0.7222/27) as well as above upper 20-d Bollinger […]
The post AUD/USD: Hits Four-Year High on Fresh Risk Appetite appeared first on ActionForex.
Markets Iran and the US turned the script around. This time, the US denied Iranian reports of a draft MoU which would restore Hormuz traffic flow within a month after coming into effect. US President Read more…
Key takeaways Gold (XAU/USD) has broken below its 200-day moving average for the first time in three months, increasing the risk of a fresh bearish impulsive decline within its broader medium-term downtrend. Rising US Treasury Read more…
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