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Tag archive for ‘exchange rate’
The RBA kept interest rates unchanged and commented on the strength of the AUD, which has remained stubbornly high despite declining commodity prices.
By ProfitEase.com On Tuesday, September 2nd, 2014
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AUD/USD steady as RBA keeps rates unchanged and describes Aussie as overvalued

The Reserve Bank of Australia kept interest rates at 2.5 percent and commented on the strength of the national currency, which has remained stubbornly high despite declining commodity prices. The Reserve Bank of More...

The basic forex concepts, which every trader should be aware of, explained.
By ProfitEase.com On Friday, August 29th, 2014
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Some forex basics

Spot Rate Spot rate denotes the market price of one currency with respect to another.All currencies’ spot rates against the US dollarare basic spot rates, and the remainder are cross rates. Major currencies include More...

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