AUD/USD has put the brakes on a 3-day slide today and has posted sharp gains. In the European session, the Australian dollar is trading at 0.6449, up 0.81%. RBA delivers modest 0.25% hike As was widely expected, the Reserve Bank of Australia raised rates today by just 25 basis points to 2.85%. This move follows […]
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The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, Read more…
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…