The Australian dollar declined sharply in the wee hours GMT in the aftermath of a bigger than expected cut to rates in New Zealand. AUD had already been under pressure in…
Tag: AUD
Technical analysis of AUDCHF
The four-hour chart of the Aussie dollar against the franc (AUDCHF) shows us the former’s rapid decline since last month. The current areas on this chart are the lowest since summer…
Fundamental Analysis: Small Gain for AUD but Rate Cut in View
The Australian dollar has made a slight upward movement overall against many major currencies this morning. This comes ahead of tomorrow’s critical news from the Reserve Bank of Australia, which appears…
Fundamental Analysis: Aussie Dollar Flat After Mixed Minutes
The Australian dollar has been mostly stable against major currencies today after the RBA’s latest minutes were not as negative as expected. Commodities have also given some support to AUD. Conversely,…
Trend Traders Target Turkish Lira
The Turkish lira (TRY) has had a troublesome time this week—no doubt provoked by the alleged manipulation of the Istanbul mayoral election. TRY Sell traders late to the profit party are…
Are the US-China Trade Wars Coming to an End or Is Trump Preparing for More Conflict?
We’re sure you’ve heard about the ongoing trade wars between America and China, but have you ever wondered just how much has the squabbling between US President Trump and Chinese President…
The Aussie Dollar: The Price Rise Nobody Is Expecting
One commonly overlooked aspect of fundamental analysis is that many other traders might be reading and acting on the same reports at almost the same time. Within minutes of a new…
Mexican Peso: Rounding the Top of the Rollercoaster?
So you’ve spent a few days getting to know your MetaTrader trading platform, and now you’re wondering which pair to trade. You’re not alone. The major pairs are usually the more…
Fundamental Analysis: AUD Sinks on GDP Data
The Aussie dollar weakened dramatically in early trading today in the aftermath of a much worse GDP figure. Weaker data from Australia’s key trade partner China has also played a role.…
Fundamental Analysis: Central Banks Taking Center Stage this Week
The biggest news affecting currency markets so far today has been increasing expectations of a trade deal between the USA and China. The headlines have given some support to more risk-sensitive…