Australian Dollar Talking Points: Australian Dollar could be in for some near-term volatile price action against USD The Aussie may decline versus the greenback on a hawkish Fed after status quo RBA AUD/USD fell below a descending channel, will support be able to hold it for long? Sign up for our RBA rate decision webinar […]
Read moreTo get the Asia AM Digest every day, SIGN UP HERE A Look Ahead – RBA, US Metal Tariff Exemptions Deadline As we begin May, the Reserve Bank of Australia’s monetary policy announcement is due later on during Tuesday’s Asian session. The markets are widely anticipating for rates to remain unchanged at 1.50%. In fact, […]
Read moreAustralian Dollar Talking Points: Australian Dollar swings on May’s RBA status quo rate hold The Aussie could fall if a hawkish Fed boosts the US Dollar AUD/USD broke below a channel, can support catch it now? Just started trading AUD/USD? Check out our beginners’ FX markets guide! The Australian Dollar showed a rather mixed response […]
Read moreEuro Analysis and Talking Points EURUSD saw a muted reaction following the release of the German CPI report. Euro continues to be pressured by the stronger USD, Italian elections may dent outlook. German Inflation Provides Encouragement for Euro Bulls German consumer price inflation stood at 1.6% year-on-year for April, which was slightly higher than expectations […]
Read moreReceive the DailyFX US AM Digest in your inbox every day before US equity markets open – signup here US Market Snapshot via IG: DJIA +0.5%, Nasdaq 100 +0.3%, S&P 500 +0.3% Major Headlines Risk sentiment supported as North Korea pledged to shut its nuclear test site in May Chinese Manufacturing PMI for April 51.4 […]
Read morePCE Discussion Points: – The Personal Consumption Expenditure came in line in March; notably, Core PCErose by 1.9% YoY – Personal income was in line as well at 0.4%, spending rose by 0.3% – Fed maintains inflation outlook despite missing target in March, likely to leave rates unchanged this week – See the DailyFX Economic […]
Read moreTo sign up for the ASEAN weekly outlook and stay updated on coverage for currencies like the Philippine Peso and Indonesia Rupiah, click here ASEAN Outlook Talking Points: Philippine Peso and Indonesian Rupiah were resilient last week despite US Dollar strength US Dollar could appreciate on Fed’s preferred measure of inflation, FOMC and jobs data […]
Read moreTALKING POINTS Asian markets were all in the green as April bowed out Japan and mainland China were out for holiday The US Dollar inched back a little but remains in the ascendent Find out what the #1 mistake that traders make is so that you never have to join them in it! Those Asian […]
Read moreTo get the Asia AM Digest every day, SIGN UP HERE A Look Ahead – China PMI Due Later on during Monday’s session, we will get April’s Chinese Manufacturing PMI release. Growth in this sector is expected to slow down. Since the beginning of March, data out of the world’s second largest economy has been […]
Read moreTALKING POINTS – CHINA PMI DATA, AUSTRALIAN DOLLAR: China’s manufacturing PMI came in above expectations, just The service sector did better, leading to a modest composite beat Australian Dollar markets are probably focused closer to home this week with an RBA policy meeting coming up on Tuesday Find out what the #1 mistake that traders […]
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