The Aussie potrayed substantial negative pressure because of the RBA Governor Lowe’s comments. The RBA Governor Phil Lowe warned of the upward wage pressure if the border remained closed for another one year. Elsewhere the policymakers further said it would be premature to consider the end of the bond buying program. Which in turn soured [...]
Kiwi moved from its low level and steps into bullish trend amid the U.S Dollar Weakness. U.S. retail sales has dropped much more than expected in May but sales in April were revised sharply up and are far less above their pre-pandemic level. With spending rotating back to services from goods as vaccinations allow Americans [...]
The US Dollar has gained on Tuesday ahead of a much-anticipated Federal Reserve meeting that can give a signal of change in the outlook for U.S. monetary policy. The U.S. currency has been buoyed as traders closed short positions before the Fed's two-day policy-setting confab, which kicks off on Tuesday. So far Fed officials, led [...]
Trading is a form of art. Trading can be done in different ways, two of the main ways that people trade include manual trading - the art of performing all the market analysis yourself and then placing the trades and copy trading, - the simple act of finding a trader that you believe has a [...]
