Related product: Forex,Commodity
Market analysis: Gold sell now @ 1827 Sl: 1833 Tp1: 1825 Tp2: 1820
Related product: Forex
Market analysis: SELL AUD-USD NOW AT .7030 SL .7042 TP .6850
EA trading: Supported
Forex commission: Supported
Related product: Forex
Market analysis: AUD/USD OUTLOOK Hawkish RBA Meeting Minutes. China’s COVID standing improves. Bullish IG client sentiment. AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar gathered momentum in early trading this morning after the Reserve Bank of Australia (RBA) released its meeting minutes highlighting the need for more aggressive tightening measures. The possibility of a 40bps rate hike was argued within the current climate of rising inflation, tight labor market and relatively low interest rates. For the period ending in December 2022, money markets are pricing in hikes cumulative to 251bps which trumps even the Fed’s 191bps at this point. Any dovish disappointments from the RBA could significantly hinder the AUD against the USD. RBA INTEREST RATE PROBABILITIES
EA trading: Supported
Forex commission: Supported
EA trading: Supported
Forex commission: Supported
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