Australian Dollar consolidates after robust Monthly inflation, US Dollar remains firm
The Australian Dollar appreciated after the higher-than-expected consumer inflation was released on Wednesday. Australia’s Monthly Consumer Price Index rose 3.6%…
The Australian Dollar appreciated after the higher-than-expected consumer inflation was released on Wednesday. Australia’s Monthly Consumer Price Index rose 3.6%…
USD/CAD edges down to 1.3600 as the US Dollar’s appeal is uncertain. US core PCE Price Index is projected to…
The Australian Dollar continues to lose ground after the higher-than-expected US PMI data. Australian equities faced pressure due to the…
EUR/USD holds its position ahead of the releases of PMI data from the Eurozone and Germany. Eurozone Manufacturing Services PMIs…
EUR/USD halts its two days of losses ahead of FOMC Minutes on Wednesday. Fed’s Susan Collins stated that progress toward…
The Australian Dollar appreciates due to improved risk appetite on Monday. The Aussie Dollar may struggle as Australia’s 10-year bond…
USD/JPY appreciates as BoJ maintains its bond-buying amounts from the previous operation. Former BOJ chief economist Toshitaka Sekine suggested the…
The Australian Dollar loses ground due to dovish sentiment surrounding RBA’s policy stance. The Australian Unemployment Rate increased to 4.1%…
GBP/USD holds its position around the major level of 1.2550 due to improved risk sentiment. Unemployment Rate (3M) is expected…
NZD/USD has depreciated as the softer Inflation Expectations (Q2) fueled speculation that the RBNZ may lower rates in 2024. The…