Aussie consolidates at the support zone The Reserve Bank of Australia (RBA) announced its latest quarterly report on Monetary Policy including updated projections on GDP growth inflation and unemployment over the next few years. In its previous forecasts, the midpoint had hidden inflation meeting 2% by the end of 2018 yielding to 2.5% during 2019. […]

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Aussie is looking down for correction The economic development in the United States has been expanding comparatively so far this year, and the labor market has continued to nourish. The terrible hurricanes that strike Texas, Florida, Puerto Rico, and neighbors in the Caribbean produced exceeding damage and modified many lives and our hearts go out […]

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Aussie bouncing off the Moving Average On January 2017, the Northern Territory continued to trend upward across all states and territories. The trend estimate increased by 0.3% on August when compared with July that led to decrease by 0.4% on passenger vehicles. On September 20, the central bank is expected to proclaim the start of […]

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Aussie Gaining Strength What’s in the News? The first since Trump took office, the nuclear test is a new obstacle for markets that has proven strong in the recent period of tension on the Korean peninsula. Any nation doing business with Kim Jong Un’s government, the US President Donald Trump threatened to increase economic penalty […]

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Aussie weakens Aussie dollar soared after the release of the neutral estimate. Also, the board will maintain the official cash rate unchanged (1.5%). In the recent speech by Deputy Governor Guy Debelle and Governor Philip Lowe, they stressed on removing the significance of the rate’s inclusion in the July minutes. According to the industry survey, […]

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Aussie shifts to bullish In Q2, the Australia’s headline CPI inflation has subdued than expected (1.9%). The Annual underlying inflation has been recorded as the strongest reading since Q4 2015. The inflation figures remain below the target band. (1.8% Y-O-Y). The figures are expected to increase over H2 2017. The end of the mining investment […]

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In Forex, trading on the right currency pair plays a prominent role in shaping your trades. While there are hundreds of pairs thrown out in front of your trading screens, the ultimate choice of singling out “few from many” comes down to the traders themselves. How then, do we pick the “right” pair from an […]

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