Month: October 2022

FUNDAMENTAL ANALYSIS Jason Chen AUD/USD The Australian Dollar made 3 consecutive days of small gains over the last 3 trading days of the week but could not recover the losses made on Monday and Tuesday to further slip against the US Dollar, falling by 2.74% to 0.6194. Inflation figures in the US were released on … Read more

FUNDAMENTAL ANALYSIS Jason Cheung AUD/USD Over the past week, the Australian dollar continues to decline by 0.63% as it experiences an unfavorable disparity in rates. The Fed’s decision to raise interest rates by 75 basis points compared to the RBA’s rate hike of 25 basis points has strengthened the US dollar, increasing the volume of … Read more