Australian dollar

AUDUSD In New Territory, Market Update

ASX200 After not looking so good a couple of weeks ago, the index has rallied well to return to above the key 5400 level to its highest point in almost three months.  It will be interesting to see if the 5400 level can prop up the index leading up to year’s end. This week the …

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Video Interview, Market Update

A few weeks ago I was interviewed by one of my mentors and friends in the trading industry, Ray Barros.  He asked me questions related specifically to help people get going with their trading.  Having listened to about 15 seconds of it, I will apologise in advance for the poor quality of my microphone … …

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AUD/USD Climbs to 0.7650 as RBA Holds at 1.5%

Reserve Bank of Australia Governor Philip Lowe kept interest rates unchanged, signaling he’s prepared to tolerate weak inflation to avoid further stoking “briskly” rising property prices and household debt. Lowe opted not to react to soft consumer prices growth last quarter and held the cash rate at a record-low 1.5 percent, as predicted by 22 …

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A Broken Record – Market Update

Can I still use that expression?   A skipping CD perhaps? It sure is appropriate at the moment.  Not much has changed since I last wrote, although I notice a lot of activity in the GBPUSD recently. There really is nothing to see …. The ASX200 has done next to nothing all week although the …

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