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The board of Australia's central bank, the RBA, shocked the market yesterday after suggesting they may be getting ready for a rate cut. Such a policy would signal a significant shift from its...
Originally published by AxiTrader US Non-farm Payrolls came in above expectations at 304K while the unemployment rate inched higher to 4.0% from 3.9%. US Dollar Index closed lower for the week...
Originally published by AxiTrader Last week's market wrap The AUD/USD managed to shrug off losses in the first 2 days of trading and continues it’s ascend after it upbeat CPI data helped lift...
Originally published by AxiTrader There are a variety of participants in the foreign exchange market - from small retail traders trading micro lots to the large hedge funds and corporations who can...
Originally published AxiTrader The rally in the Australian dollar is showing first signs of weakness. The resistance at the 76.8 % Fibonacci from the December high to the January low has proven to be...
Originally published by guppytraders.com Tuesday January 1 the Australian dollar crashed to 0.6745 before closing at 0.6915. Thursday January 3 the Australian dollar crashed again to 0.67.41 before...
Originally published by AxiTrader London/NY Wrap: * US Initial Jobless Claims: 216k vs 225k expected* Dovish comments from FOMC member Bullard initially weighed on the US dollar* Bullard is concerned...
Originally published by AxiTrader London/NY Wrap: * Lack of relevant data releases led to a choppy trading session, with equity markets giving up some of the gains from Tuesday morning* Traders remain...
Originally published by AxiTrader You no doubt already know the Forex markets provide you with 24-hour access to trading opportunities at a level of liquidity unrivaled in other markets. Today...
Originally published by AxiTrader The CFTC positioning report was released today instead of Friday due to a public holiday last week. The report showed only minor changes in positioning, although...
Originally published by AxiTrader The British pound came under heavy pressure today - following the decision by UK PM May to cancel tomorrow's Brexit vote. It was clear that May would have lost the...
Daily FX Market Roundup 12.07.2018 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The last month of the year kicked off with a bang but not in the way that many of us would...
Daily FX Market Roundup 12.06.2018. By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. A convergence of bad news sent equities and currencies tumbling lower. U.S. assets were hit...
Originally published by AxiTrader US dollar was generally higher against its peers as traders turned to safe-haven assets Australian dollar slips further after weak GDP data and remains open to...
Daily FX Market Roundup 12.05.2018. By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. After Tuesday’s nearly 800 point drop in the Dow, investors feared the worst for...