Market News

MARKET NEWS

December 13, 2021
AUD/USD struggles despite firmer sentiment and bullish iron ore prices

AUD/USD struggles despite firmer sentiment and bullish iron ore prices   AUD/USD eased on Friday and recovered to 0.7170 ahead of the European session on Monday. The Australian pair initially welcomed market optimism and news of stimulus from Australia and China to reduce daily losses. Nonetheless, market fears over major events to be announced this

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December 10, 2021
XAU/USD rises within the integration area

XAU / USD rises within the integration area   Gold (XAU/USD) has maintained its position on the Asian daily chart, where prices have risen since the last week of November. At the time of this writing, XAU/USD were trading at a rise of $ 1,778.54 and 0.18 after rising from a low of $ 1,775.31

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December 9, 2021
Uncertainty Affects Financial Markets

Uncertainty Affects Financial Markets The dollar found some strength during London trading hours, but ended the day lower against most major rivals. The greenback fell despite most European and US indexes closing in the red, and while government bond yields rose to fresh weekly highs. Some profit-taking and the idea that the Fed could ramp

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December 8, 2021
AUD/USD holds up to 0.7170 despite new sentiment challenge

AUD/USD holds up to 0.7170 despite new sentiment challenge AUD/USD fell to 0.7120 after hitting a one-week high in Wednesday’s early Asian session. A new challenge to the pre-risk sentiment before is bullish, but the Australian technical breakout of a major hurdle gives buyers hope in a quiet session with no significant data/events. AUD/USD is

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December 7, 2021
How might Reserve Bank of Australia decision on Interest rates affect AUD/USD?

How might Reserve Bank of Australia decision on Interest rates affect AUD/USD? As with the first Tuesday of every month, the Reserve Bank of Australia (RBA) is ready to announce its latest monetary policy meeting and interest rate decision around 03:30 GMT. The RBA is expected to keep its benchmark interest rate at 0.10% and

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