Market Fundamentals: RBA Governor Michele Bullock emphasized that "underlying inflation is still too high to be considering lowering the cash rate target in the near term." While such statements typically provide support to the currency, the AUD/USD...
The British pound (GBP) remained relatively stable because the Governor of Bank of England (BOE) Andrew Bailey emphasized the need to promote economic growth while ensuring financial stability. He reaffirmed the BOE commitment to promote expansion...
Technical analysis of the USDCHF pair The technical analysis of the pair on the 4-hour chart shows that the price has been moving in a downward direction during the previous two trading weeks, and during this week we have an attempt to change the...
Market Fundamentals: The price continues to underperform, weighed down by the Reserve Bank's dovish stance and growing expectations of more aggressive policy easing. Concerns over China's economic recovery and ongoing US-China trade tensions further...
The Euro moved less in front of today's European Central Bank division. At the European meeting, EUR/USD is currently traded for 1.0396, which is 0.23% per day. ECB is expected to reduce rates to a minimum of two years The European Central Bank is...
