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:
The AUD/USD pair had a slightly bullish session on Tuesday as the markets in general had a slightly firmer tone to them. The 0.99 level just above looks to be resistive, and could keep a lid on...
Market review for 28.05 – 1.06, 2012
The AUD/USD pair had a bearish day on the Friday session as the Non-Farm Payroll reports in America came out very weak. However, the bounce at the end of the day managed to form a hammer in...
AUDUSD continues its downward movement from 1.0855, and the fall extends to as low as 0.9581. Further decline is still possible next week, and next target would be at 0.9450 area. Key resistance is at 0.9900, only...
The AUD/USD pair attempted a rally on Thursday as the 0.97 level was tested. The resulting candle was green, but just barely. Even more interesting is the fact that the candle is a shooting star at the...
The AUD/USD pair has a difficult role to play these days. The Wednesday session saw this pair fall straight down, and even come close to testing the lows form a couple of sessions back. This pair is...
The Greek banks received a total of 18 billion Euros as the second program of assistance to Greece from the EU and the IMF.
