AUDUSD rose to one week high on Tuesday morning, after the RBA kept interest rates steady at 12-year high and kept hawkish stance on persisting upside inflation risk, although remains ready to act if economy weakens more. Near-term action is holding within a recovery leg from 0.6587 (Oct 30 low) and was boosted by Monday’s […]
The post AUD/USD Outlook: Hawkish RBA Lifts Aussie Dollar Towards Key Resistance Zone appeared first on Action Forex.
Silver has outperformed gold year-to-date, driven by increasing demand. The fundamental picture for silver is positive, with demand expected to continue outpacing supply. Short-term volatility is possible due to the US election and Federal Reserve Read more…
The Australian dollar has posted strong gains on Tuesday. In the European session, AUD/USD is trading at 0.6624, up 0.59% on the day. RBA holds rates, stays hawkish Nobody should have been surprised that the Read more…
Tesla (TSLA) held an event at the Warner Bros. backlot titled “We, Robot” on Oct. 10, and in addition to being a product showcase that previewed future products like the driverless Cybercab, Robovan, and the Optimus Read more…