Stronger than expected Australian employment data could further stoke the hawkish RBA narrative, so I’m keeping an eye out for a bounce on AUD/USD and AUD/NZD in this scenario.
Prior +0.9% HICP +2.0% vs +1.9% y/y prelim Prior +1.1% On the month itself, headline inflation rose by 1.0% and that is largely tied to a surge in energy prices (+8.9%). That’s no surprise given the impact of the US-Iran conflict, which has seen European gas prices skyrocket last month. Of note, prices for petroleum products saw the biggest…
Pound Sterling slips as US Dollar firms despite Middle East diplomacy hopes GBP/USD halts its seven-day winning streak, trading around 1.3560 during the Asian hours on Wednesday. The pair loses ground as the US Dollar (USD) edges higher despite dampened safe-haven demand amid growing market optimism amid hopes for a diplomatic solution to the Middle East conflict. The United States…
If the AUD crowd goes mild at the March jobs results, then AUD/USD and GBP/AUD setups could start drawing more attention from traders.
tradeCompass Summary Map for today’s ETH futures day traders Bullish threshold: $2425Bearish threshold: $2230 ETH has clearly improved from the February low and the chart now shows a decent repair phase with higher lows and a healthier short-term trend. But price is also nearing an important upper band and prior reaction area. So the market looks constructive, yet it…
AUD/USD gains ground for the third successive day, trading around 0.7120 during the Asian hours on Wednesday. The pair appreciates as the Australian Dollar (AUD) receives support from improved market sentiment due to the potential for further United States (US)-Iran talks. The New York Post reported that US President Donald Trump signaled negotiations could resume this week, while also…
2026.04.14 2026.04.15 Weekly Economic Calendar for 20.04.2026–26.04.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ High volatility is still affecting global markets. Ongoing geopolitical tensions in the Middle East are drawing attention away from major economic data. However, in the week of April 20–26, 2026, investors will still focus on key economic statistics from Canada, New Zealand, the US, Germany, the Eurozone, and the UK….
Diplomatic progress pushed our Risk-On scenario to 40% probability, but the confirmed April 19 sanctions waiver expiry keeps a supply squeeze on a 96-hour countdown regardless.
Westpac sees little immediate labour market impact from the Iran war, but expects a delayed slowdown as energy shocks filter through. Summary: March labour data unlikely to reflect Iran war impact yet Westpac sees unemployment dipping to 4.2% short-term Labour market to weaken later as oil shock feeds through RBA still focused on inflation, not labour softness near-term Key…
NZD/USD rose over 0.55% on Tuesday, printing a session high near 0.5920 before pulling back to settle around 0.5900. The pair has rallied sharply from the early-April lows close to 0.5790, but the 0.5900 area is proving to be a stubborn ceiling, with Tuesday’s candle showing a clear rejection from the highs. The intraday Stochastic Oscillator has dipped back…
