Posts published in September 2020

Australian Dollar Weak After Trade Balance Shrinks

The Australian dollar was weak today, falling against almost all other most-traded currencies. Some market analysts blamed the decline on the disappointing trade data released in Australia during the trading session,…

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GBP/CAD Ebbs from the Major 1.7567 Resistance

The Great Britain pound versus the Canadian dollar currency pair rotated and began a depreciation. Is this a small correction, or the bears truly took over? Long-term perspective After the double bottom chart…

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