The Reserve Bank of Australia is pondering the surge in inflation and the increase in the rate of unemployment to readjust its position on the interest rate outlook at its forthcoming meeting for this year, which is to be held tomorrow.There is apprehension in the financial markets about a cash rate …
Money management
USDCHF Bulls Ascend During the Consolidation Stage
USDCHF Analysis: Bulls Ascend During the Consolidation Stage to the 0.92930 Significant Level USDCHF bulls ascend during a consolidation phase to the 0.92930 price level. The buyers are stimulating energy to either breakthrough this consolidation level or give space to the bears to hold more …
GBPJPY Keeps Following a Meandering Pattern Between Key Levels
GBPJPY Analysis – Price Keeps Meandering Between Significant Levels GBPJPY keeps following a meandering pattern between key levels. The price can be seen halting its rise just below the 158.060 significant level. Thereafter, a struggle begins, which led to a drop in the market. The price, …
