RBA Readiness to Hike Positive for AUD
The Reserve Bank of Australia kept its key rate at a 12-year high of 4.35%. […]
Crypto Continues Its Retreat
Market picture In 24 hours, crypto capitalisation fell 2.2% to $2.36 trillion. Bitcoin’s relatively moderate […]
RBA More Alert and Less Certain in its Inflation Fight
The RBA left the cash rate on hold at 4.35%, but their rhetoric suggests the […]
Dollar Took a Breather But Shows Resilience Despite More Constructive Risk Sentiment
Markets The European risk-off from last week shifted into a lower gear. Markets pondered comments […]
The US and the Rest
The S&P500 hit a record high yesterday, its 30th record high since the beginning of […]
Yen Appreciation and Policy Normalisation are Still Some Way for Japan
A weak Yen is aiding the Bank of Japan’s inflation objective for now by dislodging […]
Instrument of the Week (June 17—21): EURGBP Overview
The EURGBP pair, representing the exchange rate between the Euro and the British Pound, encapsulates […]
Euro Steadies After Market Jitters Subside
The euro is steady on Monday. EUR/USD is trading at 1.0714 in the North American […]
Soft Retail sales Could Curb Fed Hawks’ Rhetoric
Market ponders the Fed’s stance after a hawkish gathering Retail sales to reveal the strength […]
RBA Policy Meeting May Be Muted; Aussie Remains Choppy
RBA interest rate expected to remain unchanged Sticky inflation and economy’s uncertainty still a concern […]
Australian Dollar Drifting Ahead of RBA Decision
The Australian dollar is steady on Monday. AUD/USD is trading at 0.6605 in the European […]
USDCNH Hits the Ceiling
China’s housing price decline is gaining momentum. New home prices for May fell 0.71% vs. […]