Recent Commentaries tagged (australian-dollar)
Surprise RBA Decision Boosts Australian Dollar
Overnight, the March Australian Dollar futures contract touched a high not seen since late July after the Reserve Bank of Australia surprisingly kept its benchmark interest rate at 4.25%. Economists had been expecting another cut from the central bank. Steady growth and an optimistic outlook for ...
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Tags: currencies | the-futures-pattern-price-amp-time-report | aud-usd | australian-dollar
Australian Dollar Reaches Key Pivot Zone
The March Australian Dollar reversed course overnight and is now in a position to test Thursday's high at 1.0628. Yesterday the market broke slightly after trading this level, but this was most likely profit-taking rather than fresh shorting. Technically the market is overbought by some oscillato...
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Tags: currencies | the-futures-pattern-price-amp-time-report | australian-dollar
