On Tuesday the Reserve Bank of Australia will announce its cash rate and release its Rate Statement justifying its decision. There is a growing expectation that the Bank will cut its cash rate by 0.25% to... (full story)
Academic studies have shown that the most reliable way to determine future price movements from past price movements, is by use of momentum.
In the Forex market, a momentum study is best applied... (full story)
China's central bank cut interest rates for the second time in three months Saturday, adding to signs the country's leaders are worried the economic slowdown is deepening too sharply.
The People's Bank of China... (full story)
Christopher Lewis - Daily Forex - Sun Mar 01, 3:03AM CST
The AUD/USD pair went back and forth during the week, and I think that we are probably going to see a slight bounce now. However, the downtrend is still in play, and I will look at those bounces as selling... (full story)