rba

The week ahead will be a busy one with three central bank meetings lined up. The RBA starts off the week with its monetary policy meeting, followed by the Bank of Canada and eventually handing over the spotlight to the ECB. On the economic…
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A few weeks ago, we took a detailed look from a technical point of view at the two interesting pairs. We speculated the possible scenarios, based on the previous reactions and the potential catalysts, which could lead to the next move. Are…
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Central Bankers around the world managed to spike market volatility last week as they sent a clear message to the market about their future policies. It looks like the Central Bankers are on the same page once again. Most of them stated…
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The week ahead will see a fresh set of economic data for the month of June. The economic releases coming out this week include the manufacturing PMI data from China, the UK, US, and the eurozone. Later in the week, the FOMC meeting…
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For the past year, there were two currencies which failed multiple times to break above key resistance areas, despite the fact that the US Dollar has been declining for the past six months. Those two currencies are the Aussie and the Kiwi…
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It's only the beginning of the week and despite the fact that there are only few key economic releases this week, yet, credit rating agencies decided to spice the things up at the beginning of the week. Earlier this morning Moody’s…
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Summary: Australia quarterly GDP expands 0.3% and 1.1% annually The economy marks 25 years of growth without dipping into recession Household consumption was the major driver of the GDP despite subdued wage growth GDP data…
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The U.S. dollar takes a backseat this coming week with most of the action moving across the pond. While the ECB's monetary policy decision will keep traders busy with the euro, the UK elections are also scheduled for the same day. With…
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The markets will be looking to a busy week as a fresh economic report for the month of April dominates the headlines, for the most part, this coming week. On Monday, most of the markets are closed on account of the Labor Day holiday. The…
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AUDUSD Remains Weak Below 0.77 It looks like the Reserve Bank of Australia will not allow the Australian Dollar to add further gains anytime soon and may intervene on any gains. We were looking at the AUDUSD for the past three months…
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