Australian inflation and US durable goods orders data, AUD/USD holds ground at 0.6600. In summary, the AUD/USD pair has shown some minor signs of recovery after hitting a fresh five-month
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Central bank meetings are in focus as the dollar remains mostly unchanged. The EUR/USD currency pair edged higher on Thursday to 1.0956, with German producer prices falling 2.6% on the
Introduction You may be wondering how the US dollar became the most powerful reserve currency. Here’s a look at some of the factors that have helped make it a global
AUDUSD Technical Analysis: Weekly Chart In the weekly charts, AUDUSD is trading in a downward channel. It is trading below all SMAs: MA (20), MA (50), and MA (100). RSI
AUDUSD Technical Analysis: Weekly Chart In the weekly charts, AUDUSD is trading below its previous upward channel. It is trading below all SMAs: MA (5), MA (20), and MA (50).