How Can BoE Monetary Policy Statement affect the GBP?
In May, against expectations of a slowdown, inflation stubbornly held at 8.7%, creating additional pressure […]
Gold Struggles to Bounce
AUD/USD pulls back The Australian dollar fell after dovish RBA meeting minutes showed a pause […]
USD: When Will the Downtrend End?
The possibility of a US recession has ignited intense debates, especially as the labor market […]
AUD/USD – Aussie Slides after Dovish RBA Minutes
RBA minutes state that the rate hike decision was close China’s central bank trims key […]
AUDJPY Reaches New 2023 High in Exponential Move Since Early June
AUDJPY has been recording an exponential move since early June, registering nine consecutive green candlesticks. […]
AUD/USD and NZD/USD Regain Strength
AUD/USD is gaining pace and might climb further higher above 0.6900. NZD/USD is also showing […]
AUDUSD Starts New Elliott Wave Impulse Higher
Short Term Elliott Wave View in AUDUSD suggests the pair ended wave (B) at 0.6458. […]
EUR Gains Momentum
EUR/USD surges towards recent peak The euro soared after the ECB’s eighth consecutive interest rate […]
Bank of Japan Still Pushing Back Against Policy Normalization
Markets The ECB hiked rates by 25 bps yesterday, bringing the deposit rate to 3.5%. […]
Growth Forecasts Lower – RBA to Hike in Both July and August
In March, when we last revised our economic forecasts, we expected growth of 1% in […]
Will the Nonstop Rally in AUDUSD Falter?
AUDUSD has been enjoying an almost three-week nonstop rally, gaining around 5.0% since the bounce […]
AUD/USD: May Collapse to a Minimum of 0.617
In the long term, the AUDUSD pair may form a large correction b of the […]