Market Analysis and News
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07 May 10.53
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.
06 May 01.33
This week: GBPAUD to recover from below 1.90 psychological mark?
Depending on what the RBA and the BOE convey about their respective rates outlook, that could determine whether GBPUAD will enter the weekend above or below 1.9000.
LATEST ANALYSIS
03 MAY 13:57
Brent to drop the most on the weekly basis since February?
Yesterday oil prices managed to slightly rebound after a 3-day slide. Support came in the form of market expectations that the US may replenish its strategic reserves.
Now Brent bulls are fighting hard to stay above yesterday’s close at ~83.50.