AUD/USD rose after the RBA meeting
As the market expected, the Reserve Bank of Australia has cut its interest rate from 0.75% to 0.5%. AUD/USD rallied on the news as the decision had been priced in.
Daily Market Analysis
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EUR: another winner in the field
Is EUR going to break the 2-year downtrend?
TRY: between Erdogan and the rest of the world
Turkish lira slumped recently against the USD, and there are all signs that's not the end. What stands behind that?
JPY: Forex reconquest - take two
JPY advanced much beyond where it came to last week. Where is it aiming at?
JPY: the Forex market reconquest
Currency market is now in a different mood than what it was previously. JPY is on a rise now. To what extent it may gain value against the USD?
Why did gold turn down? And did it really?
Market players are probably taking profit in gold to offset losses in other markets, so they are closing the previous buy positions in XAU/USD.
OIL: OPEC's battle
The oil cartel holds its extraordinary meeting next Thursday in Vienna. What's the urgency?
AUD/JPY may fall further
AUD/JPY is in the downtrend since the start of the year. It was capped on the upside by all the three important moving averages on the D1.
Democrats vs. Republicans: who is better for the USD?
While Donald Trump continues to lead the Republicans, the Democrats have not chosen its representative yet. With around 8 months till the US election, what are the chances for any of the candidates to affect the USD?
AUD/USD: 11-year lows
AUD is on a downswing against the USD. It reached the Spring-2009 lows. Will it continue the same direction?
NZD/JPY: three swings
NZD seems to be in an equal fight against the JPY. What stands behind that?
Oil is testing support
The recovery of WTI last week met resistance in the 54.60 area. The price formed a gap down on the mounting fears about the coronavirus.