AUDUSD edges lower towards 100-period SMA following the RBA commentary
According to Bloomberg's forex model, there is a 73.2% probability that the AUDUSD pair will trade within a range of 0.65070 - 0.66840 in the next 7 days.
Here’s why AUD is today’s best-performing G10 currency.
The Aussie dollar has gained nearly 0.3% against the US dollar so far on Wednesday, April 24th. However, a confluence of fundamental and technical factors is keeping AUDUSD from climbing even higher, for now. Here's AUD's story today in 4 charts, and its forecasted immediate trading range.
This Week: AUDUSD slightly rebounds towards 100-period SMA
With the Aussie still reeling from year-to-date declines against most of its G10 peers (except JPY), bouts of risk-off sentiment may also keep AUD bears in control this week.
According to Bloomberg's forex model, there is a 73.2% probability that the AUDUSD pair will trade within a range of 0.65070 - 0.66840 in the next 7 d...
The Aussie dollar has gained nearly 0.3% against the US dollar so far on Wednesday, April 24th. However, a confluence of fundamental and technical fac...
inflation RBA Reserve Bank of Australia rate hike Aussie AUDUSD US Dollar Federal Reserve
With the Aussie still reeling from year-to-date declines against most of its G10 peers (except JPY), bouts of risk-off sentiment may also keep AUD bea...
If you thought this was a volatile week jampacked with high-risk events, then just wait until you see what’s in store for the first week of August�...
USD Federal Reserve RBA BoE Pound Earnings Stocks risk sentiment SMA
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