Australian CPI, AUD Analysis Australian CPI rose more than expected in May, sending AUD higher on the possibility of another RBA hikeLarge speculators still need convincing when it comes to AUDAUD/USD rises, AUD/NZD extends the bullish reversal but overheating risks may soon appearThe analysis in this article makes use of chart patterns and key support and resistance levels. For more...

The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, hitting two-week highs against its US counterpart following hot inflation data. Australian consumer prices rose to their highest level this year, raising inflationary pressures on the central bank and wiping out hopes of rate cuts this year. The Price The AUD/USD pair rose 0.5% today...

Euro declined in European trade on Wednesday against a basket of major rivals, extending losses for the second straight day against the US dollar and almost touching six-week lows once more as French parliamentary elections loom. Recent polls indicate the supremacy of the far right groups, followed by a far left coalition, then the centrist party led by President Emanuel...

Canadian CPI, CAD Analysis Canadian CPI beats estimates, putting a July cut in jeopardyUSD/CAD lifts momentarily but markets are focused on US GDP, PCE dataCAD/CHF may see further joy after the SNB cut rates for the second successive timeThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive...