AUD/USD ANALYSIS & TALKING POINTS Weaker US dollar propping up AUD after Friday’s NFP. RBA expected to hike rates by 25bps tomorrow. AUD/USD holding above key 0.65 support handle. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into key market catalysts
Share: Gold price extends upside as Israel prepares to attack Hamas group. Fed Chair Powell supported neutral interest rates amid higher US bond yields. 10-year US Treasury yields jump above 4.9% amid unsustainable Congress budget deficits. Gold price (XAU/USD) rose sharply as Middle East tensions kept escalating and the Federal Reserve (Fed) Chair
Kazuo Momma is a recent ex-Bank of Japan official, was the executive director in charge of monetary policy, and is now a senior economist at Mizuho Research & Technologies. He says Bank of Japan board members will likely discuss whether to tweak forward guidance along with the yield curve control mechanism when they meet next,
Share: Gold price remains under pressure as the US economy remains resilient despite higher interest rates. The US economy is comfortably absorbing the consequences of the Fed’s higher interest rates. Fed’s Collins says further policy tightening is not off the table. Gold price (XAU/USD) trades back and forth as uncertainty over the interest
© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang SHANGHAI/BEIJING (Reuters) -China’s central bank has asked domestic lenders to scale back outward bond investments according to two sources with direct knowledge of
Share: Learn the Insider Secrets of what the Top Hedge Funds are doing TODAY to maximize their upside and gains. In May 2023, Kimberly-Clark Corporation (NYSE:KMB) stock climbed to a 52-week high of $147.87. However, the stock has failed to hold those gains and heading into the company’s earnings report, KMB stock turned
EURO FORECAST EUR/USD rose modestly after the Federal Reserve announced its July monetary policy decision The Fed resumed its tightening campaign after a brief pause last month, raising interest rates by 25 basis points to 5.25%-5.50%, but did not strike a hawkish tone Market attention now turns to the ECB, with the bank’s decision and
JULY FOMC MEETING KEY POINTS: The Fed is expected to raise interest rates by 25 basis points to 5.25%-5.50% With a quarter-point hike fully priced in, attention should be on the tightening roadmap Powell is likely to offer guidance on the polity outlook during his press conference Recommended by Diego Colman Get Your Free Gold