Reserve Bank of Australia keeps key interest rates on hold at 3.5pc

THE Reserve Bank of Australia (RBA) kept interest rates on hold today, following a spate of good economic news in Australia and renewed optimism overseas. In a statement accompanying the rates decision, RBA governor Glenn Stevens said: "With inflation expected to be consistent with the target and... FF News: Fundamental

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EUR/USD Retreats Under 1.24; 1.23-1.2330 is Near-term Support Area

The EUR/USD rallied sharply after the better-than-expected US Non-Farm Payroll data released on Friday (8/3). The rally seen in the 4H chart pushed through the 1.2330 resistance pivot and cracked the 1.2406 high of the week. This was also a previous support pivot seen in the daily chart. Even though... FF News: Technical

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