Forex Trading Idea AUD/USD
Strategy
Sell AUD/USD at 0.7660 with a stop above 0.7850 and price target at 0.7240.… Read More
Tag: AUD/USD
FX Commentary – NZ Dollar Declined On Prolong Low Interest Rate Outlook
Market Talk
– The dollar hovered below recent peaks on Tuesday as investors looked to U.S.… Read More
FX Commentary – Safe Havens In Demand On Turkey’s Uncertainty
Market Talk
– The dollar was stronger on Monday morning in Asia, on worries that events in Turkey will cause disruptions in other financial markets, which supported the dollar because of its status as a safe-harbour currency.… Read More
FX Commentary – US Strengthened On Rising Treasury Yields
Market Talk
– The safe-haven U.S. dollar strengthened again on Friday, supported by higher Treasury yields and falling stock markets, as investors continued to digest the Federal Reserve’s push back against expectations of any early interest-rate hikes.… Read More
FX Commentary – US Dollar Declined On Powell’s Dovish Comments
Market Talk
– The dollar was on the defensive on Thursday, after the U.S. Federal Reserve said it was in no rush to raise interest rates through all of 2023 even after predicting a V-shaped 6.5% growth in 2021, the largest annual jump in GDP since 1984 and a 2.3 percentage points higher from its projection three months ago.… Read More