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Forex News

Will continue to do what was necessary to achieve the three-year yield target

The Reserve Bank of Australia has published the minutes of its April policy meeting. Casting minds back o the April statement, the RBA’s comfort to taper its bond purchases lifted AUD significantly higher...

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Forex News

Dollar off three-year lows vs. yen, trades sub-104.00 figure

USD/JPY is consolidating the selloff seen in the recent weeks.  The level to beat for bears is the 103.60 support.   USD/JPY daily chart   USD/JPY is bouncing from three-year lows well below the simple moving ...

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Forex News

Dollar plunges to three-year lows vs. yen amid market turmoil

Investors are buying the Japanese yen as the equity markets are crashing. The level to beat for bears is the 101.51 support.   USD/JPY daily chart   USD/JPY is trading near three-year lows well below the simpl...