In The Press

AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROP As we enter the second half of 2023, the Australian dollar is trading at a key inflection point against the US dollar after yesterday’s Independence Day celebrations in the US. The morning kicked off in Asian trade with two important economic...
Read More
The Australian Dollar took a hit after the RBA paused in its tightening of monetary policy following a 25 basis point lift last month to leave the cash rate at 4.10%. The ASX 200 got a boost on the news. The move appeared to have...
Read More
The Euro started a new week with falls against the United States Dollar, retracing some of Friday’s strong rebound, as economic data from Eurozone economies continue to disappoint. Monday has already seen the release of many Purchasing Managers Index numbers, from Europe and elsewhere. These...
Read More
China/Hong Kong equity indices were steady amid hopes of a broader stimulus after data showed manufacturing activity in China rose slightly while non-manufacturing activity softened in June. China NBS Manufacturing PMI advanced to 49.0 in June, in line with expectations, compared with 48.8 last month....
Read More
US DATA, HAWKISH ECB POLICYMAKERS, ECB FORUM EUR/USD enjoyed a decent rally yesterday despite the return of US Dollar strength in the US session following positive US data. However, this was largely offset by ongoing hawkish commentary from European Central Bank (ECB) policymakers at the...
Read More
1 2 3 4 55
Sites We Follow