With the RBA meeting in play on Tuesday (14:30 AEST), here’s a few variables traders can look at to assess the skew of risk. As always, there’s many moving parts, but could the RBA deliver a surprise? Here are a few core considerations. Rates pricing – There is currently a 0% chance of a hike […]
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Retail sales fell 0.1% in the September quarter, a smaller drop than we expected. Retail spending remains soft, but is likely to firm over the coming months. September quarter retail sales (volume of good sold): Read more…
Key Highlights EUR/USD started another decline and traded below the 1.0500 support. A major bearish trend line is forming with resistance at 1.0485 on the 4-hour chart. Bitcoin rallied further and traded close to the Read more…
GBPUSD broke support zone Likely to fall to support level 1.2465 GBPUSD currency pair recently broke the support zone located between the support level 1.2620 (former monthly low from June) and the support trendline of Read more…