rba

Immediately after the Reserve Bank of Australia announced its monetary policy decision, the AUDUSD tumbled and held on to its sharp losses to currently trade around the 0.6630 handle. The Australian dollar came under intense selling pressure after the Central Bank decided to keep its target for...

The Reserve Bank of Australia (RBA) decided to keep the interest rate at 0.75 per cent today in its final interest rate decision of the year. AUD/USD surges to a two-week high. Since the trade war uncertainty continues the overall trend for Aussie still bearish, we may find sellers around...

So we enter the first week of the last month of this calendar year. December is usually considered a dull month in terms of the global turnover of trade volume, due to the holiday season with slight slumps in liquidity. However this week is packed with a lot of action and expectations. The...