AUD/USD Chart Points to More Losses as APAC Markets Eye Australian Trade Data
The Australian Dollar looks primed to fall against the US Dollar on technical and fundamental grounds. AUD/USD is in focus as APAC traders eye Australia’s trade data due out today.
Read More »Australia August exports +3% m/m (prior -9.9%) & imports +4% (+5.2%)
<p>Australian Trade Balance for August is a surplus of A$8.324bn</p><ul><li>expected A$10.0bn, prior A$8.733bn</li></ul><p>Exports +3% m.m</p><ul><li>expected + 2%, prior -9.9%</li></ul><p>Imports+ 4% m/m</p><ul><li>expected -1%, prior +5.2%</li></ul> This article was written by Eamonn…
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Easy To Follow Trading Strategy For Beginners (Stocks and Forex)
This is a simple trading strategy that is based on momentum and very profitable. This is a step by step walk through on how to enter trades, take profits and…
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Forex Trading In Australia: Understanding How Forex Trading Works
A step by step guide on how to start trading forex in Australia Have A Look At Our Trading Courses 30 DAY TRADING BOOTCAMP: 30 Lessons For Beginner Traders http://aussiedaytrader.com/30daybootc……
Read More »Market Update – September 29 – Sterling & Stocks drift as BoE boost fades
USDIndex – tumbled to 112.43 after the BoE’s actions ( worst session in 2.5 years). Today it found some ground edging towards 113.35, buoyed by renewed pressure on the Pound….
Read More »Market Update – September 26 – Sterling Slumps
USDIndex – surged to 114.40 before settling at 113.64. 10-year yields jumped 5.5 bp in Australia and are currently 7.6 bp higher in the US. 2-year Treasury yields broke above 4.3%…
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5 Critical Trading Lessons I Wish I Knew Before I Started
After trading for 11 years, here are the 5 lessons I wish I knew about trading before I started. Have A Look At Our Trading & Investing Courses EXPRESS TRADING…
Read More »Australian Westpac Consumer Sentiment rises 3.9% m/m (prior -3%)
<p>Earlier in the session we had:</p><ul><li><a href="https://www.forexlive.com/news/australia-consumer-confidence-weekly-survey-drops-05-ww-20220912/" target="_blank" data-article-link="true">Australia consumer confidence weekly survey drops 0.5% w/w</a></li></ul><p>The Westpac monthly survey showed a rise for September, to 84.4 from 81.2 in August….
Read More »Events to Look Out for Next Week
The “good news is bad news” trade is in full effect in stocks and bonds this week. The still-solid ISM report that included a pick up in employment, albeit alongside…
Read More »AUD traders – RBA monetary policy meeting coming up Tuesday 6 September 2022 – preview
<p>The Reserve Bank of Australia statement is due at 0430 GMT on 6 September 2022.</p><p>Earlier previews are here:</p><ul><li><a href="https://www.forexlive.com/centralbank/rba-rate-hike-coming-up-next-week-preview-of-another-50bp-hike-20220902/" target="_blank">RBA rate hike coming up next week – preview of another…
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