AUD/USD takes a nose dive

The Aussie couldn’t hang on to any support as it plunged down towards 0.7100 making it its biggest loss in 2 weeks. Last nights budget mentioned $213.7 billions AUD deficit to be expected amid an election influenced budget with the Federal Budget offering severe tax cuts. In other news. In typical Trump style the US […]

Presidential debate lights up the markets

Nothing like a good old debate to get the markets going. Today we say the a battle for power in the US presidential debate and the markets are mixed on the result. firstly we see the S&P 500 futures drop by 350 points, eliminating any gains it had made after Trump mentioned the November 3 […]