Chinese Foreign Minister Wang Yi met with Australia's Foreign Affairs Minister Penny Wong. Comments from the Chinese side: The economies of China and Australia are highly complementary and have great…
According to many analysts' forecasts, the price of gold may increase in 2024. Gold is trading above $2,000 per ounce in early 2024. Analysts expect that even later in the…
A very busy week ahead with the release of many key economic data and central bank policy decisions, including the Fed. UPCOMING EVENTS: Monday: China Retail Sales and Industrial Production,…
A year-end forecast for the euro from Bank of America citing Federal Reserve and ECB rate cuts.: Bank of America are projecting a rise for EUR/USD to 1.15 by the…
The Reserve Bank of Australia will hold its key interest rate at 4.35% for a third straight meeting on Tuesday and at least until end-September. That's the result showing from…
On the technicals, ANZ note the recent high around $2,195 as resistance: a break of this resistance targets above $2,200 ANZ are wary of a correction first through, "a healthy…
Comments on the Australian dollar via Westpac: The flurry of announcements from China aimed either directly or indirectly at the stock market helped drive a 2% weekly gain for the…
AUDUSD rebounds from key support level, breaking above major resistance points. Buyers remain in control as price targets higher levels. The AUDUSD moved lower in the first half of the…
NZDUSD consolidates near strong support at 0.6071 to 0.60897, setting the stage for a crucial week ahead. The NZDUSD moved lower in the early part of the week, helped by…