Australian Dollar Spikes Lower as RBA Cuts Rates, Launches QE Program

The Australia Dollar spiked lower against its major counterparts after the Reserve Bank of Australia cut the official cash rate and introduced a $100 billion QE program.

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Australian Dollar Spikes Lower as RBA Cuts Rates, Launches QE Program

The Australia Dollar spiked lower against its major counterparts after the Reserve Bank of Australia cut the official cash rate and introduced a $100 billion QE program.

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DAX 30 Index Approaching Key Resistance As Germany Locks Down

Germany’s benchmark DAX 30 index is at risk of extended losses as local authorities hint at an extension of the nation-wide lockdown if Covid-19 cases continue to rise.

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Gold Price Coils Up Ahead of Election on Improved Sentiment, Weaker USD

Gold prices are coiling up in a tight range ahead of the US presidential election. Precious metal prices were underpinned by improved market sentiment and a weakening US Dollar.

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Gold Price Coils Up Ahead of Election on Improved Sentiment, Weaker USD

Gold prices are coiling up in a tight range ahead of the US presidential election. Precious metal prices were underpinned by improved market sentiment and a weakening US Dollar.

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