[ad_1] The dollar remains in a vulnerable spot once again, with USD/JPY eyeing a potential drop below 148.00 and inching back towards a retest of the October low at 147.27. Meanwhile, the antipodeans are off to a strong start this week with AUD/USD and NZD/USD both climbing above their respective 200-day moving averages in sealing
[ad_1] Markets and ECB President Christine Lagarde are at odds. Right now, the rates market is pricing in s 68% chance of an ECB rate cut in April and a certainty of one in June (and two in September). Meanwhile, Lagarde spoke with the FT today and said that inflation could fall to 2% if
[ad_1] It’s a quiet start to the day so far with major currencies mostly little changed ahead of European trading. All eyes are on the US non-farm payrolls so that is likely to make for a bit more of a lull in the session to come. China is once again stealing the headlines in Asia
[ad_1] The Australian dollar is the early mover today after the RBA decision to leave the cash rate unchanged at 4.10% again. The aussie is lower as a result but it isn’t that bad as markets have already priced in this outcome more so than a rate hike. The yen is also softer again with
