Bank of America closes AUD/USD long trade as Fed outlook shifts

Bank of America closes AUD/USD long trade as Fed outlook shifts
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Bank of America closes AUD/USD long trade as Fed outlook shifts
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Key takeaways Pullback complete, bullish structure emerging: WTI corrected 17% from $102.25 to $85.50 but has stabilised above its 20-day moving average, reclaimed $93.70, and is now positioned to retest the $102.25 resistance. Fundamentals support upside pressure: Deepening backwardation (-21.74) signals tightening near-term supply amid escalating US–Iran tensions, reinforcing upward pressure on crude prices. Breakout…
Let’s be real: when someone says the word meditation, what pops into your head? A monk in silence for 6 hours? A yoga teacher whispering affirmations in a candlelit studio? Meanwhile, you’re just trying to keep it together between coffee refills and emails marked “URGENT.” Been there. Done that. But here’s the truth bomb: you…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
The gold price surge 2025 has become one of the most discussed topics in global financial markets. As the yellow metal breaks past $4,200 an ounce, traders and investors are asking what is driving this rally. The surge isn’t just about inflation hedging anymore. It’s a reflection of deep structural shifts in policy, geopolitics, and…
Understanding What Makes a Good Doggy Dogs are more than just pets; they’re family members who bring immeasurable joy into our lives. They offer companionship and unconditional love every single day. When your dog shows those good doggy traits, it’s hard not to give them a treat. And rightfully so. These wonderful creatures work tirelessly…
By Erica Neuman, University of Dayton and Curtis Farnsel, University of Dayton When corporations based in areas of above-average income inequality pay more taxes, it’s not just the public that appreciates it – investors do, too. That’s the key finding of our recent research published in the journal Accounting and the Public Interest. Our finding…