The AUD/USD pair attempted to rally on Wednesday, but was turned away at the parity level yet again. This area is looking more and more like a “top” to the market, and as a result we are...
The Spanish bonds yields’ grew to their maximum level of 6, 728 %.
The AUD/USD pair had a bullish session on Tuesday as the “risk on” trade came back. Rumors of Federal Reserve easing continued to hit the markets, and as a result the “hopium” trade returned.
The AUD/USD pair fell hard during the session on Monday as the “risk off” trade came back with a vengeance in the European afternoon. The parity level has served as massive resistance again, and this pair looks...
Market review for 04-08.06.2012
The AUD/USD pair fell most of the session on Friday, only to turn around and bounce during the US session. This shows that there is a lot on the market’s mind and a lot of confusion as...
AUDUSD failed to break below 0.9390 (Oct 4, 2011 low), and rebounds from 0.9581, suggesting that a cycle bottom has been formed on daily chart. Further rise to test 1.0150 key resistance would likely be seen next...
The AUD/USD pair initially spiked during the session on Thursday as the “hopium rally” started back up. The market looks as if it expected that the Fed Chairman would start to talk about easing during his testimony...
AUD/USD rose during the session on Wednesday as all risk related pairs did. The open speculation now is that the Federal Reserve will ease again because of the poor jobs number. Also, with the situation in Europe...
The Reserve Bank of Australia lowered the interest rate by 0.25 % points – to 3.5 %. Asian and European trading sessions: