Share: AUD/USD refreshes weekly low near 0.6560 as the broader market mood is risk-off. Fed Powell considered current monetary policy as inadequate to bring down inflation to 2%. The RBA MPS report indicated that further tightening would be largely dependent on incoming data. The AUD/USD pair continues its losing streak for the fifth
Hezbollah leader Hassan Nasrallah Friday’s have been a day for geopolitical risks for the past month, starting with the terrorist attacks and continuing as markets awaited Israel’s response. Going into this weekend, there is less scope for bids in gold/oil/CHF because the ground invasion has already started but eyes will be on a speech at
© Reuters Investing.com– Most Asian currencies moved little on Friday as markets hunkered down before a series of major central bank meetings next week, while the Japanese yen strengthened slightly on strong inflation data, but remained close to a one-year low. The and both moved little in Asian trade, but retained most gains made this
Oil (Brent Crude, WTI) Analysis Oil struggles to reclaim lost ground as demand concerns outweigh geopolitical risks API figures on Tuesday revealed a drop in American inventory levels. EIA storage data is due at 14:30 GMT IG client sentiment hints at further selling after recent repositioning The analysis in this article makes use of chart
© Reuters. FILE PHOTO: Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Upasana Singh (Reuters) – Investors maintained bearish bets on most emerging Asian currencies as an escalation of the Middle East conflict and prospects of higher-for-longer U.S. interest rates pushed them towards safe-haven
On Friday, it was all about rushing to seek shelter as markets braced for the uncertainty over the weekend that may befall the Israel-Hamas conflict. But as things weren’t as bad as feared, we’re seeing traders and investors start taking baby steps again to test the waters to start the new week. Here’s a snapshot
© Reuters The US dollar experienced a rally this week, buoyed by rising yields and persistent investor concerns over inflation, according to recent market data. This surge has led to a decline in equities and the Euro-US dollar () exchange rate falling below 1.06. The latest US inflation data did little to alleviate these fears
Share: The Canadian Dollar is slumping against the US Dollar as markets scatter after a US CPI data beat. An uptick in US consumer prices is sending US Treasury yields higher as investors fear further Fed rate hikes. The Canadian Dollar finds little support in the inflation rush into safer assets. The Canadian
US Dollar, Federal Reserve, FOMC Minutes, USD/CHF, USD/JPY, Treasury Yields – Talking Points The US Dollar is on the backfoot on Fed speak and FOMC minutes Treasury yields might have assisted the Fed but that picture could change PPI beat forecasts and attention now turns to CPI. Will it move the US Dollar? Recommended by
Investing.com– Most Asian currencies moved little on Thursday amid persistent concerns over hawkish signals from the Federal Reserve, while the Japanese yen rose slightly as markets watched for any intervention in currency markets by the government. The dollar remained perched at 10-month highs, with the and moving little in Asian trade. But most regional currencies
