EURAUD: Downside pressure intensifies after RBA statement
The Reserve Bank of Australia announced a 25 basis point rate hike to 3.35% (the highest level since September 2012), in line with market expectations. The central bank has raised rates by a total of 325 basis points in nine hikes since last April. Affected by inflationary pressures and a tight labor market, the committee […]
Technical Trade Set Ups for EURAUD, USDJPY & Crude Oil |
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