EUR/USD 1.0300 (EUR1.76bn) 1.0500 (EUR1.25bn) 1.0600 (EUR1.05bn) USD/JPY 155.00 (US$1.39bn) 148.00 (US$930mn) USD/CAD 1.4500 (US$1.29bn) 1.4190 (US$414mn) AUD/USD: 0.6220 (AUD580mn) 0.6350 (AUD441mn) USD/CNY 7.2800 (US$600m) NZD/USD 0.5625 (NZD320mn) For more information on how to use this data, you may refer to this post here. This article was written by Eamonn Sheridan at www.forexlive.com.
Australian Treasurer Jim Chalmers said on Wednesday, “the worst of the inflation challenge is well and truly behind us.” He noted further that “the soft landing we have been planning and preparing for is looking more and more likely.” Market reaction AUD/USD was last seen trading at 0.6229, down 0.30% on the day.
2025.01.28 2025.01.29 Economic Calendar for the Week 03.02.2025 – 09.02.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Trump and the ongoing news surrounding him continue to sway the market. At the start of last week, the market experienced significant fluctuations and a drop in stock indices due to reports about Trump’s plans for Colombia. Additionally, his administration announced intentions to implement a 25% tariff…
Australian CPI data is due today, for December month 2024 and, more importantly, for Q4 2024. Overall, while headline inflation appears to be within the RBA’s target range, underlying measures remain slightly elevated. Some analyst comments: Westpac anticipates a quarterly CPI increase of 0.3%, bringing the annual rate to 2.5%. Their trimmed mean estimate is a 0.6% rise for…
USD/CAD posts modest gains to near 1.4400 in Wednesday’s early Asian session. The Fed is set to hit the pause button on rate cuts at its January meeting on Wednesday. US trade tariff risk and expectation of BoC rate cuts weigh on the CAD. The USD/CAD pair trades with mild gains around 1.4400 during the early Asian session on…
Reserve Bank of New Zealand chief economist Conway Without future shocks, the OCR will tend towards the neutral interest rate. With declining inward migration and weak productivity growth, potential output growth is likely to be modest. The long-term nominal neutral interest rate currently lies between 2.5% and 3.5%. The Monetary Policy Committee is confident that remaining persistent domestic inflation…
The Dollar Index gains traction, hitting a fresh weekly high above 108.00 as market sentiment deteriorates. US Durable Goods Orders disappointed, declining by 2.2% in December, missing expectations for a 0.8% increase. Treasury Secretary Scott Bessent proposed gradual tariffs, but Trump pushed for higher, uniform rates, spooking investors. Consumer Confidence in January fell to 104.1 from December’s 109.5, reflecting…
2025.01.28 2025.01.28 White House Keeps Tariffs on Table. Forecast as of 28.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The market interpreted tariffs as a mere pretext for negotiation. When the White House refuted this assertion, the EURUSD pair collapsed. This occurred in the context of a US stock market rout and expectations of ECB rate cuts. Let’s discuss these topics and make a…
White House Press Secretary says the President has already put out statements on what he wants to see from Canada and Mexico on the border. This is what I think Trump really wants from Canada and Mexico. This article was written by Adam Button at www.forexlive.com.
The Dow Jones extended 250 points on Tuesday at its peak. The Fed’s latest rate call looms ahead in the midweek. Tariff threats from US President Trump hang over the markets. The Dow Jones Industrial Average (DJIA) rose around 250 points on Tuesday at its highest point, climbing one-half of one percent and chalking in a fresh eight-week high…
