• December 9, 2022

Aussie dollar posting a bullish threat despite possible U.S rate hike

The Aussie dollar has been doing fairly well in the global market for the last couple of two weeks. The long term bearish trend in the AUDUSD pair was ceased after the formation of the initial bottom of the pair near the critical support level at 0.7158.Most of the leading investors made a decent profit…

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Aussie dollar testing critical resistance level prior to FOMC meeting minute

The green bucks have been facing intensive bearish pressure in the global market after Mr. Trump become the newly elected president in the U.S economy. Though the dollar index surged up to its 14 years high in the global market, the extreme level of negative consumer sentiment due to commitment failure of Mr. Trump regarding…

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