Canadian Dollar Talking PointsUSD/CAD carves a series of lower highs and lows as it extends the decline from the yearly high (1.3837), and the exchange rate may face a larger pullback over the...
Talking points:Eurozone inflation hit double digits in SeptemberPrice pressures from the disruptions caused by the war in Ukraine and the Covid pandemic are proving more lasting than originally anticipatedEuro depreciation is likely a...
USD/JPY ANALYSISFed’s March 2023 peak rate falls.Options strikes could give Yen short-term support later today.Ascending triangle ominous for JPY.
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The
Reserve Bank of Australia increased its cash rate by 25bp at its
monetary policy board meeting today, vs. the +50bp rate hike that was
widely (though not unanimously) expected. In his accompanying
statement Governor Lowe said...
The consensus was for a 50bp rate hike from the Reserve Bank of Australia at its October monetary policy board meeting. But, nope, the Bank has gone with +25bp. Reserve Bank of Australia...