The AUD/USD exchange rate moved sideways on Tuesday as the forex industry remained muted. It was trading at 0.6620, up from last week’s low of 0.6520. It is hovering near its highest point since September 18.
Bitcoin price rose for six consecutive days and reached a record high as its role as a safe-haven asset continued. The BTC/USD pair jumped to a high of 125,715, up by 16% from its lowest level in September and 70% above the year-to-date low.
A promising store remodeling program, healthy profit margins, and current valuations could hide a bargain for investors. Is it time to go shopping?
High valuations, a meager dividend, and selling pressure despite another upbeat earnings report suggest a lack of confidence. Is more downside ahead?
The Australian Dollar (AUD) kicked off the new trading week on a strong note, with AUD/USD pushing past the 0.6600 level and touching two-day highs.
The EUR/USD pair fell on Monday to 1.1651, its lowest in over a week, as the US Dollar (USD) surged on Asian and European political woes.