Events to Look Out for Next Week
The BoE and ECB were surprisingly more Hawkish than the market expected last week, and Sterling and the EURO responded accordingly. The US jobs report beat significantly to the upside…
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Read More »RBA SoMP repeats ‘prepared to be patient’
Before we go any further, AUD/USD is barely moving …. Anyway, on with the SoMP headlines. “The Board is prepared to be patient as it monitors how the various factors affecting…
Read More »USD/JPY pierces 115.00 on firmer yields ahead of US NFP data
USD/JPY takes the bids to refresh daily high around 115.05 while paring the weekly losses as Tokyo opens for Friday’s trading. In doing so, the yen pa
Read More »BoE hikes, ECB steady; wants to see inflation “durably” at target
GBPUSD rallied to 2-week highs of 1.3628 from near 1.3560 following the as-expected 25 basis point BoE rate hike, and generally more hawkish statement from the Bank. The US Dollar…
Read More »AUD/USD Eyes RBA Policy Statement After US Tech Earnings Boosts Sentiment
AUD/USD is slightly higher in early Asia-Pacific trade after a set of positive tech earnings on Wall Street boosted market sentiment. The RBA policy statement is now in focus, along…
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