The price of gold continues its impressive ascent, balancing around $2500 per troy ounce early this week, hovering near record peaks. The primary catalyst driving this rally is the intensified demand for safe-haven assets amid ongoing geopolitical tensions. The spotlight remains on the Middle East conflict, with U.S. Secretary of State Antony Blinken slated to […]
May 06, 2024
AUD/USD: Bulls Hold Grip Ahead of RBA Policy Meeting on Tuesday
AUDUSD keeps firm tone on Monday, despite Friday’s spike and subsequent pullback, though with initial warning that traders may opt for a partial profit taking after strong rally in past two days, when the pair advanced 2%. Stretched daily studies add to signals of correction, but dips are likely to be shallow and ideally contained […]
The post AUD/USD: Bulls Hold Grip Ahead of RBA Policy Meeting on Tuesday appeared first on Action Forex.