AUD/USD Outlook: Aussie Extends Advance After RBA Governor Diminished Prospects For Rate Cut
The Australian dollar hit one-month high at 0.6842 on Friday, in extension of Thursday’s 1% rally, with fresh advance being sparked by more hawkish than expected remarks from RBA’s governor Lowe. Lowe said that implementation of negative interest rates in...
EU-UK Strike A Deal, Yet The Market Remains Cautious
At the 11th hour, the UK and the EU were able to strike a deal about Brexit, yet the market remained rather cautious after the release. It was indicative that the pound spiked upon the release of the news, yet...
Markets Shrug Poor China GDP, Aussie and Kiwi Firm
Australian and New Zealand Dollar are slightly firmer in Asian session today despite Chinese GDP miss. The stronger than expected industrial production growth ease some concerns over worse slowdown in Q4. Meanwhile, Sterling continues to consolidation in tight range, digesting...
GBPUSD Rally Fades
The British pound is starting to trade towards the 1.2850 level against the US dollar, after the pair hit its highest trading level since May 2019 on Thursday. A medium-term price high could be in place for sterling if UK...
Stocks making the biggest moves after hours: E-Trade, AT&T, Intuitive Surgical & more
Pedestrians pass in front of an E-Trade location in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Shares of E-Trade whipsawed during extended trade Thursday, initially climbing 4% before settling more than 1%...