Forex

Australian Dollar Clings on After US CPI, Be Wary of USD/JPY Intervention as Yen Falls

Australian Dollar, AUD/USD, Japanese Yen, USD/JPY, US CPI – Asia Pacific Market OpenAustralian Dollar whipsawed by violent market reaction to higher US CPIIt seems the longer-term path for the Fed hasn’t changed for...

EU Economic Commissioner Gentiloni: US inflation still rising – tightening is unavoidable

EU Economic Commissioner Gentiloni:says the US infaltion rate is still risinginflation in Europe is linked to energy pricesmonetary policy fighting will continue, its not avoidable we must avoid a clash between fiscal and...

Bull Flag Formation Takes Shape

Crude Oil Price Talking PointsThe price of oil halts a three-day selloff despite a larger-than-expected rise in US inventories, and crude may continue to hold above the 50-Day SMA ($87.58) as a bull-flag...

RBC are forecasting a retest of the recent lows in GBP/USD – in the months ahead

A snippet from RBC on what they see for the Bank of England and cable ahead. On the BoE, RBC say that the terminal rate of approximately 6% "priced into the market (including...

NZ fin min Robertson says New Zealand needs to diversify trade away from China

New Zealand Deputy PM and Finance Minister Robertson comments crossing:NZ has good economic fundamentalsNZ needs to diversify trade away from China-Its always a good idea to diversify trade. What Robertson is very cognizant...

BOC, RBA, & RBNZ Interest Rate Expectations Update

Central Bank Watch Overview:The Bank of Canada is expected to raise rates by 50-bps when policymakers meet later this month.While the Reserve Bank of Australia and Reserve Bank of New Zealand won’t meet...

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