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The AUD/USD pair rebounded to 0.6199 on Tuesday, recovering some losses. Earlier in the week, the Australian dollar tested multi-year lows as investors distanced themselves from riskier assets amid concerns over US tariffs on Canada, Mexico, and China. A reprieve came as US President Donald Trump delayed the implementation of tariffs on Canada and Mexico […]

The post Australian Dollar Recovers, But Risks Remain High appeared first on Action Forex.

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02/04/2024

GBPUSD Starts April With a Drop

GBPUSD moves sharply down on the first trading day of April 2024 neutral trajectory valid above 1.2500 GBPUSD plummeted to a six-week low of 1.2538 as investors returned from the Easter holiday break, re-establishing the downward pattern from the March high. Given the price’s position at the bottom of the 2024 range and around the […]
09/07/2024

NZD Edges Lower Ahead of RBNZ Decision

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23/05/2024

EURGBP Tests Critical Pivot Area After Slump

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