US NFP Spikes in October

The AUD/USD was hit by a bearish sentiment after RBA’s (Reserve Bank of Australia) statement that the Aussie is adjusting to the decline in the commodity prices, the decision of a monetary policy ease in order to uplift the demand still…

RBA keeps it tight

On Monday, China’s Caixin PMI (Purchasing Managers Index) came at 48.3 for the month of October, versus and expected 47.5 and a previous 47.2 posting. Whilst reports from the previous eight months have been of a constant economic decline,…

Crude Oil on Bearish Trend

On Monday, the European currency kept its ground in the moments following the German IFO (The Institute for Economic Research) release, with the EUR/USD major gravitating around the 1.1030/40 point. The German indicator surprised the…