With prices falling whilst futures traders increase their bullish exposure to the Australian dollar, we’re keen to see if it can hold above 0.73 and form a countertrend bounce. Whilst there had been some excitement of an imminent RBA, those hopes have receded with markets pricing in just a 22% chance of an RBA hike […]
The post Futures Traders Load Up on AUD Longs (Despite Falling Prices) appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal If you’re reorganizing this spring and Read more…
Eurozone inflation edged higher in February, with headline CPI finalized at 1.9% yoy, up from January’s 1.7% yoy. Core inflation, which strips out energy, food, alcohol and tobacco, also firmed to 2.4% yoy from 2.2% Read more…
EUR/USD is consolidating near 1.1532 on Wednesday, with markets adopting a wait-and-see stance ahead of the Federal Reserve’s decision. The Fed is widely expected to keep rates unchanged. Investor attention will focus on Jerome Powell’s Read more…