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Forex
There is a lot of uncertainty about where neutral rates are, where they are going
The Reserve Bank of Australia's (RBA) head of international department said on Wednesday that there is a lot of uncertainty about where neutral rates are and where they are…
RBNZ Governor Hawkesby is set to hold a press conference after the 25 bps OCR cut
Reserve Bank of New Zealand (RBNZ) Governor Christian Hawkesby is set to hold a press conference at 02:00 GMT, following the announcement of the monetary policy decision on…
Australia’s CPI inflation climbs to 3.8% YoY in October vs. 3.6% expected
Australia’s Consumer Price Index (CPI) climbed by 3.8% year-over-year (YoY) in October, following a 3.5% increase reported in the previous reading, the latest data published by the…
Wall Street trades the Über-dove Fed trial balloon as AI enters its TPU age
US stocks didn’t simply rise on Tuesday — they traded as if someone quietly reached under the market’s chassis and flipped every switch that matters: the Fed chair succession, a…
Tumbles below 156.00 as US economy slows down
USD/JPY makes a U-turn and tumbles over 0.54% on Tuesday as investors grew confident that the Federal Reserve will cut rates at the December meeting, following a soft US inflation…
Euro strengthens on softer US figures, dovish repricing intensifies
EUR/USD registers solid gains of over 0.51% on Tuesday, boosted by a weaker US Dollar, as data reinforced traders’ speculation that the Federal Reserve might reduce rates at the…
SP500 Elliott Wave update: Is the correction over?
We have been monitoring the SP500 (SPX) to reach approximately 7120 in an Elliott Wave (EW) Principle impulse (five-wave) move upward from the early April lows for a more…
Gold climbs on stalling inflation, weak spending, and Fed cut bets
Gold (XAU/USD) climbs over 0.14% on Tuesday after US economic data augmented speculation of a rate cut by the Federal Reserve (Fed) at the December 9-10 meeting. Also, falling US…
USD/CHF steady as US Dollar dips, Swiss Franc unwinds defensive gains
USD/CHF holds near 0.8080 on Tuesday at the time of writing, with the pair showing little direction with simultaneous weakness in both the US Dollar (USD) and the Swiss Franc…
AUD/USD dips as Australian CPI looms, Fed rate cut bets pressure USD
AUD/USD trades around 0.6450 on Tuesday, down 0.30% on the day at the time of writing. The pair pulls back after two consecutive days of gains as traders adopt a more cautious tone…