Australian Dollar Nears Key Level as US Dollar Stays Weak
Australian Dollar Nears Key Level as US Dollar Stays Weak The Australian Dollar (AUD) has continued its upward trajectory for the second day in a row on Thursday, finding support from a weakening US Dollar (USD). Despite this, mixed signals from recent Australian employment data have placed some downward pressure on the AUD/USD exchange rate. […]
Japan’s Exports Rise for Fourth Straight Month on Strong China Demand
Japan’s Exports Rise for Fourth Straight Month on Strong China Demand Japan’s exports rise for the fourth consecutive month, spurred by a weakening yen and robust demand from China, despite weaker domestic consumption. According to a report from the Finance Ministry, exports increased by 7.3% in March year-over-year, a slight slowdown from February’s 7.8% growth. […]
Japanese Yen Nears Record Low Against USD, Remains Vulnerable
Japanese Yen Nears Record Low Against USD, Remains Vulnerable The Japanese Yen (JPY) is continuing to struggle against the US Dollar (USD), staying near a 34-year low during Tuesday’s Asian trading session. This persistent weakness is linked closely to expectations around interest rates set by the central banks of Japan and the United States. The […]
Australian Dollar Nears Key Level Before US Retail Sales Data
Australian Dollar Nears Key Level Before US Retail Sales Data The Australian Dollar (AUD) saw a modest rebound on Monday, pulling away from its eight-week low of 0.6456 set last Friday. However, the AUD/USD pair faced resistance as traders gravitated towards the perceived safety of the US Dollar (USD) amid escalating tensions in the Middle […]
China’s March CPI Inflation Eases to 0.1%, Below 0.4% Forecast
China’s March CPI Inflation Eases to 0.1%, Below 0.4% Forecast In March, China’s Consumer Price Index (CPI) experienced a marginal year-over-year increase of 0.1%, a notable deceleration from the 0.7% growth observed in February. This rise fell short of market predictions, which had anticipated a 0.4% increase. The slowdown in CPI growth is a significant […]
Japanese Yen Soars to Three-Month High Versus USD on BoJ Hawkish Outlook
Japanese Yen Soars to Three-Month High Versus USD on BoJ Hawkish Outlook The Japanese Yen (JPY) has seen a notable surge, reaching a three-month high against the US Dollar (USD) on Thursday. This upward movement is largely attributed to increasing expectations of a policy shift by the Bank of Japan (BoJ). The recent meeting between […]
Japanese Yen Fluctuates Against USD, Maintains Bullish Outlook
Japanese Yen Fluctuates Against USD, Maintains Bullish Outlook Amid a backdrop of fluctuating market signals, the Japanese Yen (JPY) displayed volatility against the US Dollar (USD) during Tuesday’s Asian trading session. Despite occasional gains and minor losses, the currency pair could not find a clear direction. Market participants are weighing various factors, including the Bank […]
Japanese Yen Gives Up Early Gains; USD/JPY Recovers from Recent Lows
Japanese Yen Gives Up Early Gains; USD/JPY Recovers from Recent Lows The Japanese Yen (JPY) recently faced challenges in sustaining its initial gains against the US Dollar (USD), reversing from a nearly three-month high achieved during Monday’s Asian trading session. The Yen’s inability to maintain its upward trajectory was influenced by the Bank of Japan’s […]
Australian Dollar holds above key level before US housing data release
Australian Dollar holds above key level before US housing data release The Australian Dollar (AUD) continues to navigate through difficult market conditions, maintaining its stance above a significant threshold as it grapples with losses incurred on Friday. This comes in the wake of disappointing economic figures from the United States (US), which were publicized on […]
Steady Growth in Australian Employment Accompanied by a Slight Rise in Unemployment Rates
Steady Growth in Australian Employment Accompanied by a Slight Rise in Unemployment Rates Despite a stronger-than-anticipated surge in employment for October, Australia has seen a slight uptick in its unemployment rate, suggesting that the Reserve Bank of Australia (RBA) may need to implement further measures to temper demand and curb inflationary pressures. The Australian economy […]
Japan’s Economy Contracts with Yen Fall, Rising Inflation
Japan’s Economy Contracts with Yen Fall, Rising Inflation Japan’s economic landscape has encountered another setback, entering a phase of contraction during the summer months, highlighting the delicate state of its economic recovery. This has prompted discussions about the necessity for ongoing assistance from both the Bank of Japan (BOJ) and the government. The nation’s Gross […]
US Faces 87% Increase in Debt Interest Costs at Fiscal Year Start
US Faces 87% Increase in Debt Interest Costs at Fiscal Year Start The United States commenced its fiscal year facing an 87% surge in the cost of interest on its national debt, a stark indicator of the financial burden that increased Treasury yields have imposed. In October, the government paid a striking $88.9 billion in […]
Gold Price Vulnerable to Persistent US Inflation
Gold Price Vulnerable to Persistent US Inflation The cost of gold might organize further endeavors to test the 2022 high ($2071) as it moves to a new week-after-week high ($1984), however new information print emerging from the US might prompt a pullback in bullion as the Individual Utilization Use (PCE) cost file is supposed to […]
Policy Makers Views on Risks Begin to Diverge
Policy Makers Views on Risks Begin to Diverge Last week has seen a flurry of central bank communications as the RBA, FOMC and BoE all met deliberate on policy. Evident in their decisions and commentary is a growing divergence in expectations around inflation and the risks to the policy outlook. The RBA delivered only a […]
Australia September CPI
Australia September CPI It was a broad based upside surprise in the core measures highlighting accelerating inflationary pressures. The CPI lifted 1.8% in the September quarter with the most significant contributions coming from new dwellings, gas and furniture. Gas and furniture were upside surprises to us but the main difference between our 1.1% forecast and […]
Covid (COVID-19) may just affect progressed economies
Covid (COVID-19) may just affect progressed economies. Worldwide monetary movement stayed strong toward the beginning of 2022, with review information showing that the Omicron variation of the Covid (COVID-19) may just affect progressed economies. A few elements highlight slow development likewise in the period ahead. The war is now burdening the certainty of businesses and […]
EUR/USD price weakening return to 1.0700 region
EUR/USD price weakening return to 1.0700 region EUR/USD’s price activity shows further weakening and returns to the sub-1.0700 region, opening the entryway simultaneously to an expected visit to the 2020 low in the 1.0630 zone in the near future. The standpoint for the pair actually stays shifted towards the bearish side. Incidental pockets of […]
Gold is expected to dropped low further due to rise in Euro region yields
Gold is expected to dropped low further due to rise in Euro region yields. As per analysis, XAUUSD went under some restored selling tension on Friday and dropped to an almost fourteen day low, around the $1,930 locale during the primary half o the European session. The discourse from Fed chair Jerome Powell at an […]