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AUD/USD has been the worst performer among the major currencies in the past 4 weeks due to a double whammy slow-down growth effect from the US and China. RBA’s “hawkish hold” monetary policy stance on Tuesday may offer a relief for the AUD/USD. The recent 6.6% decline in the AUD/USD has almost reached an extreme […]

The post AUD/USD Technical: Dropped Towards 0.6360 Key Range Support Ahead of RBA appeared first on Action Forex.

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17/06/2024

New Zealand Dollar is Falling

Like other major currencies, the New Zealand dollar is under pressure from the strong US dollar. This development comes after the Federal Reserve’s updated forecasts last week. Stock market expectations point to only one interest rate cut this year, most likely in December. Earlier, some American monetary policymakers confirmed these expectations, calling them reasonable. The […]
24/06/2024

EUR/USD Remains At The Edge, Can It Recover?

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10/09/2024

Sterling a Tad Stronger After Labour Market Data

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