The single currency of the European Union region fluctuated in a tight range in the Asian session to see its sixth session retreat in seven sessions from its highest since early May against the US dollar after Federal Reserve Governor Jerome Powell spoke in Florida on the eve of economic …
The Australian dollar fluctuated in a tight range slipping against the US dollar during the Asian session following the economic developments and data followed Tuesday by the Australian economy and following the speech by Federal Reserve Governor Jerome Powell in Florida and on the eve of developments and economic data …
AUDUSD
The pair plummeted after the RBA head Philip Lowe announced possible interest rates reduction at the regulator’s meeting this June. This, as well as the lack of US-China trade deal, may pressure the pair to move downwards.
The price is below the middle Bollinger band, below SMA 5 and …
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