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Today, the Reserve Bank of Australia (RBA) eased monetary policy, cutting the interest rate from 4.35% to 4.10%, according to Forex Factory. As reported by Reuters: → This marks the first easing since the 2020 pandemic; → RBA Governor Michele Bullock stated that market expectations for two more cuts this year are “ambitious”; → The […]

The post AUD/USD Trades Near Year’s High After RBA Decision appeared first on Action Forex.

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18/12/2024

EURGBP Wave Analysis

EURGBP reversed from resistance level 0.8300 Likely to fall to support level 0.8225 EURGBP currency pair recently reversed down from the key resistance level 0.8300 (former strong support from October) intersecting with the 61.8% Fibonacci correction of the downward impulse from November. The downward reversal from the resistance level 0.8300 continues the active short-term impulse […]
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USD/JPY Calm Ahead of US Nonfarm Payrolls

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