The pair has formed a double top reversal pattern and is trading above 1.1000. It may continue to decline following the release of data on the US inflation which is expected to grow stronger in monthly terms from 0.1% in September to 0.2% in October.
The price is below the …
The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session to witness the lowest since October 28 against the US dollar following the developments and economic data followed by Tuesday by the Australian economy and amid the lack of economic data by the US …
The single currency fluctuated in a narrow range against the US dollar during the Asian session to witness the bounce for the sixth session in nine sessions from the highest since October 21, when it tested the highest since August 14 against the US dollar on the eve of developments …
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