RBA Kept Rate Unchanged But Failed to Stop AUD Slide
The Reserve Bank of Australia kept its cash rate unchanged at 4.35%, maintaining it at […]
Australia, China, ECB, EUR, Eurozone, Featured, GBP, Market Overview, United Kingdom, United States, USD
Euro Hits 2024 Low vs Sterling as ECB Dovish Expectations Build
Euro’s selloff accelerated today, breaking to a new 2024 low against Sterling. The common currency […]
AUD, Australia, China, EUR, Eurozone, Featured, Fed, Fundamental Analysis, RBA, Stocks, United States, USD, Yields
Expect More Sentiment-Driven Trading Today
Markets The Chinese Politburo’s directive changed risk sentiment at the start of European trading from […]
Scandi Releases and China in Focus Overnight
In focus today In Norway, we expect core inflation to remain unchanged at 2.7% y/y […]
RBA Remains on Hold, Slowly Gaining Confidence
The RBA remains on hold with the cash rate kept at 4.35%. But the Board […]
RBA holds rates steady, dovish shift raises odds of Febr cut
RBA held its cash rate steady at 4.35% as widely expected, but the accompanying statement […]
AUD/USD Soars as China’s Inflation Dips
The Australian dollar continues to takes traders on a roller-coaster. AUD/USD has surged 0.85% on […]
AUD/USD at a Critical Support Level
The AUD/USD chart reveals that since late October, the pair has been in a downtrend. […]
Australia’s NAB confidence turns negative to -3 as business conditions deteriorate
Australia’s NAB Business Confidence index slid sharply to -3 in November, down from 5 in […]