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RBA’s “Hawkish Hold” Briefly Supported AUD During The Asian Session
As expected, the Reserve Bank of Australia (RBA) kept its official cash rates at a 12-year high of 4.35% for a sixth meeting in a row in August. The central bank emphasized that high inflation remains a concern, saying that it has “fallen substantially” but is “proving persistent” above the 2% – 3% target range….
“The decline of US dollar dominance will be slow” | Forexlive
Westpac have popped up a piece summarising three key themes that have emerged from the European Central Bank’s annual conference in Sintra that concluded on Wedneday: Asia and the West have different responses to the trade shock The decline of US dollar dominance will be slow Reliance on the neutral rate offers diminishing returns On…
iM Global Partner Announces Launch of iMGP Euro Select Fund
iM Global Partner (iMGP) unveiled its new European equities fund, iMGP Euro Select Fund, on Wednesday. The firm said it will be managed by Zadig Asset Management, a specialist in European equities. The fund, targeting Eurozone companies, aims to provide an investment solution that is seen as a “one-stop shop” for Zadig’s best ideas. The…
Several Moving Average MT4 Indicator – ForexMT4Indicators.com
The Several Moving Average MT4 Indicator is a technical tool that displays multiple moving averages on one chart. These lines represent different periods, like short-term and long-term trends. By showing several moving averages together, traders can quickly spot the overall direction of the market and identify potential reversals. It’s a simple yet powerful way to…
Soybeans (ZS_F) Forecasting the Rally After Elliott Wave Zig Zag Pattern – Forex Market Analysis – ForexCycle.com
Hello fellow traders, In this technical article, we are going to present Elliott Wave charts of Soybeans commodity ZS_F . Recently ,the commodity completed its intraday Zig Zag correction at the Equal Legs zone. In the following sections, we will explain the Elliott Wave count. Before we take a look at the real market example, let’s…
