Reserve Bank of Australia Governor Bullock will be speaking as part of a panel on “Inflation, Financial Stability and Employment”. Also on the panel are Bank of England Deputy Governor Ramsden and Bank of Spain´s governor / ECB monetary policy maker de Cos (he didn’t make it to the screenshot below) From 9.18 am Hong
© Reuters. Investing.com– Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders hunkered down before a string of key economic readings due this week. Mixed signals from China weighed on sentiment, as data showed a sustained, albeit narrowing decline in . Top Chinese government officials called on Beijing to unlock more
© Reuters. The Australian dollar reached a three-month peak against the US dollar today, trading at 0.6591, buoyed by a combination of positive market sentiment and waning US dollar strength. The shift in currency dynamics follows the release of mixed economic indicators from the United States. Today’s reports showed an expansion in the US services
The Australian Dollar edged slightly higher against the US Dollar today, trading between 0.6550 and 0.6570, marking a slight increase of 0.02%. This modest uptick comes despite concerning indicators of an economic downturn in Australia. The Judo Bank Manufacturing Purchasing Managers’ Index (PMI) has reached a multi-year low, dropping to 47.7. Similarly, the Services PMI
Share: The GBP/USD tumbles during the mid-North American session after economic data from the United States (US) suggested the battle against inflation is not done while the economy continues to decelerate, as sought by the US Federal Reserve (Fed). At the time of writing, the pair is trading at 1.2456, losing 0.63%. Read More… GBP/USD
© Reuters. NEW YORK – The euro saw a slight uptick against the US dollar today, with the trading pair reaching 1.0883 amid a mix of economic indicators from both regions. The Eurozone’s current account results exceeded expectations, which provided some support to the single currency, while the US dollar struggled to gain ground following
© Reuters. U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Amanda Cooper LONDON (Reuters) -The dollar held its ground on Thursday after a volatile two days that saw sharp declines followed by a rebound as traders took incoming economic data as signalling the Federal Reserve
Share: NZD/USD weakens as RBNZ’s inflation report suggests an economic slowdown. Kiwi’s Business Services Index fell from the previous reading of 50.7 to 48.9. Downbeat Chinese inflation could impact the Kiwi Dollar. US-China Presidential meeting is scheduled for Wednesday during the Asia-Pacific Economic Cooperation summit in San Francisco. NZD/USD is caught in a
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© Reuters. The Euro has ascended to a six-month peak against the Pound Sterling, capping off a week with consistent gains as the pair approached 0.8750. This rise comes despite mixed economic data from both the European Union and the United Kingdom, where the UK’s figures have notably underperformed even when exceeding forecasts. At the
