Important Points about AUDCHF: Analyze carefully that the Swiss CPI rate did not provide significant support to sellers, and the Australian Dollar also failed to show any notable movement. The AUDCHF market showed strength in favor of buyers,...
The latest mixed jobs data from the United States has raised concerns about a slowdown in the labor market, dampening investor sentiment and adding to global uncertainty. This comes at a time when geopolitical tensions, particularly in the Middle...
Important Points about AUDCAD: We observed that stronger Canadian data caused the AUDCAD market to drop to the 0.9066 level. The decline highlights the impact of robust economic performance in Canada, strengthening the Canadian Dollar against the...
General points about AUDUSD: Today, the U.S. Non-Farm Employment and Unemployment data, alongside Consumer Confidence and Inflation rates, failed to provide significant support to AUDUSD buyers. Crucial economic indicators that often drive market...
When the EUR/USD tested the 1.0630 level, I initially found the reaction to be quite puzzling. It seemed like the market's bots might have been reacting to the recent data on the unemployment rate, which rose by 0.1%, or perhaps the decrease in the...