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 […]
AUD/USD: Bulls Crack Pivotal Resistance Zone as Fed Expected to Stay on Hold
Australian dollar remains bid in Asia / early Europe on Wednesday, underpinned by weaker dollar […]
EURAUD Getting Closer to Key Area
EURAUD’s drop continues, cancelling out most of the upward move recorded since the March 6, 2023 […]
Aussie Edges Higher Despite Lukewarm Confidence Data, US Inflation Next
Australian consumer confidence holds steady, business confidence falls US inflation expected to ease Inflation release […]
Markets Mixed ahead of Fed and ECB; Aussie Extending Rally With Eyes on Copper and China
The forex markets are relatively mixed with a near empty economic calendar today. Australian Dollar […]
Australian Dollar Keeps Rolling, Aussie Confidence Data Next
AUD/USD continues to rally Australia to release business, consumer confidence on Tuesday US to release […]
AUD/US: Hawkish RBA and Fed Expected to Stay on Hold Continue to Fuel Bulls
Australian dollar continues to trend higher vs its US counterpart and hit five-week high and […]
Copper dips after hitting strong cluster resistance
Copper prices dip notably today as metal traders appeared to be turning cautious ahead of […]