The Australian dollar has finally turned things around after a nasty four-day slide. AUD/USD as much has 330 points during that time but is currently trading at 0.7149, up 0.37% on the day. CPI higher than expected Australian inflation continues to accelerate, with CPI in Q1 rising to 5.1% YoY, after a Q4 release of […]
The post Aussie Rebounds as CPI Jumps appeared first on Action Forex.
Against the backdrop of military developments in the Middle East, the situation in the oil market is evolving rapidly. Only two days have passed since 9 March, when we published a morning analytical note in Read more…
GBP/USD rose to 1.3450 on Wednesday. Expectations of de-escalation in the Middle East supported the pound, as lower oil prices reduced inflationary risks for the British economy, which is heavily dependent on energy imports. Despite Read more…
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