Forex Today: RBA Hikes Rates, but Australian Dollar Falls Below $0.7000
RBA Hikes by 0.25% to 4.60%, AUD/USD Falls Anyway; US Dollar Strong on Multi-Year High Yields; US Stocks Fall Firmly; Gold, Silver Drop Strongly; Bitcoin Holds but Loses Momentum At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.
AUD/USD Remains Rangebound After the RBA Rate Hike
Given today’s RBA rate rise has already been factored in and the central bank’s accompanying statement provided little in the way of forward guidance, the pair may see a more meaningful move later this week following a slew of key domestic and U.S. economic data. At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.
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News by our Chief Analyst Adam Lemon
Adam joined Daily Forex as Chief Analyst in 2013, with over a decade of experience in the global financial markets, including six years as an Assistant Vice President at Merrill Lynch
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