RBA

By RoboForex Analytical Department The AUD/USD pair shows signs of potential resurgence as it trades near 0.6802, consolidating within a sideways range at its local peaks towards the end of August. The Australian dollar has appreciated by almost 4% over the month, bolstered by high consumer price...

The stock market is showing signs of a forthcoming investment opportunity, according to a recent report by Richard Bernstein Advisors (RBA). The firm’s deputy CIO, Dan Suzuki, believes that the current market signals could lead to a significant shift in investment dynamics. What Happened:...

Reserve Bank of Australia made a surprise rate hike in its last meeting on Tuesday by 25bp.  The Federal Reserve may follow suit in its meeting next week as it faces the same situation with inflation.  Given Australia is a major commodity exporter, it may put a strain on exports...

UiPath Inc (NYSE: PATH) shares are up more than 20% since the company priced its April IPO at $56. UiPath automates repetitive workplace processes. The company reported $607.6 million in revenue in the last fiscal year, up 81% year-over-year. At the same time, UiPath’s net loss narrowed from...

Key Points: The Australian government announced a six-week lockdown in Melbourne. The Reserve Bank of Australia left the cash rate unchanged at 0.25% as expected. AUD/USD is technically neutral and holding above the 0.6900 level. The AUD/USD pair is finishing Tuesday with modest losses in the 0....

Thanks in part to rebounding commodities prices and the Reserve Bank of Australia's (RBA) efforts to weaken the Australian dollar, exchange-traded funds tracking equities down under are among this year's best developed markets performers. The Land Down Under While the MSCI EAFE Index, of...

Alright a couple of a caveats here. First, the Guggenheim CurrencyShares Australian (NYSE: FXA) has, until recent weeks, been one of the better-performing developed market currency exchange-traded funds this year. Second, it is not wise to turn leveraged ETFs, vehicles meant to be short-term...

In 2008, there were many so-called no brainer trades that were seemingly so easy to define that, if timed correctly, ended up hugely profitable. Think shorting banks, shorting MBS, or buying bank stocks in March of 2009. However, one trade that is familiar to currency traders was to be long the...