Financial Trading
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A +0.25% rate hike by the RBA is being seen as a slightly dovish move. The prospect of an end in sight for tightening has weighed the AUD down.
Huge volatility in major markets continued on Friday and into the new trading week. GBP is especially being targeted. Elsewhere there is an initial sense of settling. However, elevated levels of volatility are likely to continue in due course.
This week has provided some volatility without creating lots of opportunities. The appetite for risk continues to surge and retail investors continue to chase extreme returns
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