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AUD/NZD Looks Stretched At The Lows
Although the trend points lower, mean reversion appears likely over the near-term according to some indications.
EUR/AUD poised to breakout amidst next week’s AU CPI and ECB meeting
Notwithstanding President Trump’s daily twitter condemnations (trade partners and the Federal Reserve drew his ire this morning), traders have started to look ahead to next week’s trade.
AUD/USD rises despite expected RBA rate cut
Despite some key Australian news and economic data releases on Tuesday that should have placed increased pressure on the Australian dollar, AUD/USD climbed significantly. This was due in part to the fact that some of this news had already been expected and priced-in, as well as the overriding weakness in the US dollar.
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Did you know that the Mesopotamian shekel is generally accepted as the first physical form of currency? Since then, various representations of money have been used by societies, including leather, fur, beads, copper, and precious metals like #gold and #silver. https://t.co/7cD4MOBKYL