Month: September 2022

FUNDAMENTAL ANALYSIS Jason Chen AUD/USD The Australian Dollar closed lower at 0.65260 against the greenback, a fall of 2.89% over the close of the previous week. On Wednesday, the Federal Reserve announced a 75 basis point increase to the Federal Funds Rate, bringing the target range to 3-3.25%. The fifth rate hike this year also … Read more

FUNDAMENTAL ANALYSIS Andrew Sun AUD/USD The Australian Dollar shed 1.86% over the past week to trade at 0.6723 on the back of US inflation data and some dovish commentary by the RBA. For the month of August, US headline inflation rose 0.1% month-on-month, above consensus estimates which had forecasted a 0.1% fall in overall inflation. … Read more