Market News
Dollar index is testing 97.5. Market sentiment sounds quite bullish? Good to Aussie
02-06-2020 10:08
The Reserve Bank of Australia kept its monetary policy unchanged as expected. RBA said that the extent of the pandemic driven economic downturn may be not as severe as expected.
Aussie stands at 0.68 level above against dollar in the European session on Tuesday.
Risk appetite maintained due to the hopes of global economy reopening, further dragging down the safe-haven dollar.
RMB is trading higher, which also boost up the Aussie. Although there is growing concerns over US-China tension, the lack of substantial details about the US actions eases the sell-off pressure of the RMB.
Popular posts
04-02-2022 09:04
Monetary Policy ECB Shakes Currency Markets
04-02-2021 10:47
Speculation? WSB beat hedge funds in GME battle
03-02-2022 07:15
Soros Warns Xi Jinping, Will He Resign?
03-02-2022 08:30
Revenue Not Matching Expectations, Facebook Shares Drop 20%
17-02-2021 10:43
Dollar bounced! Investor are keeping eyes on inflation risk
28-01-2021 09:30
Risk aversion? Stock markets were wiped out gains
Most Recent
04-02-2022 09:04
Monetary Policy ECB Shakes Currency Markets
03-02-2022 08:30
Revenue Not Matching Expectations, Facebook Shares Drop 20%
03-02-2022 07:15
Soros Warns Xi Jinping, Will He Resign?
31-01-2022 09:38
China Finds NeoCov, More Deadly Than Delta?
28-01-2022 08:50
Watch out for WWIII, Russia Weapons Put Europe in Danger
See all posts