The pair is consolidating in the range of 1.1235 amid the investor’s expectations for the new statistics released on US and EU economics. Also positive expectations are yet contained by the negative forecast on the world economy growth. There is a possibility for further consolidation.
Technical side:
The …
The Australian dollar rose during the Asian session to witness its bounce for the second session from the lowest since the second of June this year against the US dollar after the developments and economic data that it had reported on the Australian economy and on the cusp of developments …
Gold prices fluctuated in a narrow range tilted to the upside during the Asian session amid the negative stability of the US dollar index according to the inverse relationship between them after the disclosure of the minutes of the Reserve Bank of Australia meeting and the decisions and directions of …
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