Australian Dollar Eyes PBOC Rate Cuts Amid Protracted China Power Woes
The Australian Dollar is facing increased headwinds as China’s power crunch worsens. A PBOC rate cut expected today may not offer much relief to AUD/USD.
Read More »Australian Dollar Outlook: RBA and Trade Play Out in AUD
The Australian Dollar jumped around through the week, with an RBA rate hike and Fed speakers undermining it before trade data provided some support. Where to for AUD/USD?
Read More »Market Update – July 7 – Fed focused on Inflation, USD bid, Stocks flat, Gold tumbles
USD moved down from new to 20-year highs at 107.00 but remains in demand (USDIndex 106.64), US Stocks flat on close (NASDAQ +0.35%). FED Minutes leaned to the hawkish side. –…
Read More »Australian Dollar May Fall as Global Growth Fears Fester
The Australian Dollar has been trading as a barometer of the markets’ recession fears. It may fall in the week ahead as worries about global growth continue to fester.
Read More »Australian Dollar May Rise After FOMC Minutes Sink the US Dollar and Boost S&P 500
The Australian Dollar may rally next after the US Dollar weakened and the S&P 500 climbed on the FOMC meeting minutes. Risk appetite could improve during the Asia-Pacific session.
Read More »Australian Dollar Outlook: It’s All About the Big Dollar
The Australian Dollar has a sound economic story, but with the Fed racing against time, the US Dollar is soaring. Will AUD/USD continue to bounce off recent lows?
Read More »AUD/NZD Price Analysis: Last ditch effort from the bears to crack 1.10 the figure, bulls eye fresh highs
As per the prior session’s analysis, AUD/NZD Price Analysis: Bulls looking for a fresh surge to the upside, the price was seen higher on the daily out
Read More »Bitcoin dropped (briefly, for now) under USD30K. Risk assets more broadly lower too.
US equity index futures on Globex have taken a hit. AUD, NZD notably lower against the big dollar BTC/USD update:
Read More »Australian Dollar Outlook: RBA Action Does Little to Boost AUD
The Australian Dollar got an initial kick from an RBA rate lift-off, but the Fed outdid them and the US Dollar soared. Will AUD/USD make new lows?
Read More »JPY Forecast Q2 2022: Will Inflation Surpass the Bank of Japan’s Target?
The anti-risk Japanese Yen put in a dismal performance during the first quarter of 2022, particularly as March wrapped up. A majors-based Japanese Yen Index that averages JPY against USD,…
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