© Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration By Ankur Banerjee SINGAPORE (Reuters) – A spurt in the U.S. dollar and China’s defence of the yuan are forcing Asian central banks to step up interventions in their weakening currencies, and one clear casualty is
AUD/USD ANALYSIS & TALKING POINTS Lack of Chinese stimulus weighs on Aussie dollar. RBA’s higher for longer > Federal Reserve. Turnaround or continuation for AUD/USD? Recommended by Warren Venketas Get Your Free AUD Forecast AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP The Australian dollar is trading at extreme levels this Monday as the PBoC decided to modestly reduce
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, CAC 40, Nasdaq 100 Charts and Analysis FTSE 100 stabilises at support Following six consecutive days of falling prices, the FTSE 100 managed to find support between its March and July lows at 7,216 last week and is little changed on Monday morning as the
Share: GBP/USD rises 0.22% as market sentiment remains upbeat, with NVIDIA earnings and BoE rate hike prospects in focus. Interest rate differential between the US and UK narrows, potentially pushing GBP/USD towards the YTD high of 1.3147. Technicals indicate resistance at the 50-DMA of 1.2791; a breach could target 1.2995, while support lies
Share: Gold now finds itself at its lowest level since mid-March. Economists at Commerzbank analyze XAU/USD outlook. Fed Chair Powell will probably leave all options open The recent renewed rise in US yields dampens investor interest, among both the more short-term-oriented speculative financial investors and the ETF investors. In this environment, the physical
Hong Kong SAR Unemployment rate meets expectations (2.8%) in July لینک منبع : هوشمند نیوز
© Reuters. Investing.com — Most Asian currencies fell on Wednesday as strong U.S. economic readings raised concerns over the Federal Reserve having enough room to keep raising interest rates, while weak economic trends in China also dented sentiment. Data on Tuesday showed that U.S. grew more than expected in July, presenting more upside risks to
New Zealand Dollar, NZD/USD, RBNZ, Fed, China, NZX50 Index – Talking Points The New Zealand Dollar reversed losses seen in early trade on the RBNZ pause The Kiwi Dollar had sunk on gathering economic clouds gathering in China The inflation appears to be centre stage for the RBNZ. If they hike again, will NZD/USD rally?
Minutes from the Reserve Bank of New Zealand meeting: Committee noted inflation is still expected to decline within the target band by the second half of 2024 Committee agreed that the risks around the inflation projection remain balanced Committee noted that the estimate of the nominal neutral OCR has increased by 25 basis points to
© Reuters. FILE PHOTO: Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Joice Alves and Samuel Indyk LONDON (Reuters) – Sterling rose on Tuesday after data showed British basic wages grew at a record pace, adding to the Bank of England’s inflation worries, while the
