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The Australian dollar is up for a second straight day on Friday. In the European session, AUD/USD is trading at 0.6712, up 0.24%. The Aussie is having a miserable October, having lost 2.9%. Australian employment change soars Australian job growth sparkled in September with a gain of 64.1 thousand. This was higher than the revised […]

The post Australian Dollar Higher as Job Growth Surges appeared first on Action Forex.

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08/12/2023

CADJPY Wave Analysis

CADJPY reversed from support level 104.60 Likely to rise to resistance level 107.00 CADJPY rising strongly after the price reversed up from the key support level 104.60, which reversed the price twice in July. The support level 104.60 was strengthened by the 38.2% Fibonacci correction of the upward impulse from March. Given the strength of […]
27/01/2024

Fed Preview: Patience and Gradualism

We expect the Fed to maintain its monetary policy unchanged in the January meeting. We expect the first rate cut in March and a total of four cuts in 2024. The Fed is in a comfortable position with regards to both sides of its dual mandate. Cooling inflation warrants cutting rates towards neutral, but solid […]
17/10/2024

Crypto Market Stabilises at the Top

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