AUD/USD challenges key near-term levels on the day Invest in yourself. See our forex education hub. The dollar is seen losing a bit of ground on the day now as equities are trimming losses in European morning trade, helping to see risk currencies gain some decent ground on the session with AUD/USD bouncing back to
Month: October 2021
It is all about supply chain disruptions This has been a topic that has been ongoing since the middle of the year but has grown in intensity over the past few months, especially when it comes to how all of this impacts inflation – something I talked about at the start of August here. Essentially,
NEW DELHI: Gold prices were trading with a marginal decline on Friday after a decent rebound in the previous session. Firm US dollar made the yellow metal expensive for holders of other currencies. The dollar recouped most of those losses on Friday and began the final quarter of 2021 at close to its highest level
GBP/USD edges lower on Friday in the European trading hours. The pair lost almost 300-pips in a span of two days from the high of 1.3717. Double bottom support near 1.3410 brings much respite for GBP/USD. GBP/USD continues to consolidate for the past two sessions. The pair confides in a narrow trade band with a downside
The RBNZ is almost certain to raise the OCR by +25 bps to 0.5% next week. The Funding-For-Lending program (FLP) will stay unchanged at NZ$28B. This should not be affected by the slowdown in economic activities in the third quarter. While cautioning about the uncertainty of the pandemic and economic damage brought about by the