FX Watch: Hawkish RBA Scenarios for AUD/JPY and AUD/NZD
A hawkish RBA signal pointing to another November hike could favor AUD/JPY in upbeat markets and AUD/NZD in cautious ones.
A hawkish RBA signal pointing to another November hike could favor AUD/JPY in upbeat markets and AUD/NZD in cautious ones.
Goldman: US diesel export ban would cut US prices about 4%, lift European cost (d’uh) !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
GBP/USD gains ground for the second successive day, trading around 1.3230 during the Asian hours on Monday. The currency pair advances as the US Dollar (USD) weakens, despite hawkish signals from Federal Reserve (Fed) officials. Traders are turning their focus toward key economic indicators due this week, including key US employment data and the Fed’s preferred inflation gauge. The…
BOJ minutes show dissent for faster hikes as price risks skew higher !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The AUD/USD pair loses momentum to near 0.7010 during the early Asian session on Monday. The US Dollar (USD) strengthens against the Australian Dollar (AUD) on rising US Treasury yields and growing bets on further Federal Reserve (Fed) interest rate hikes. The Reserve Bank of Australia (RBA) will be in the spotlight later on Tuesday. Hawkish remarks from Fed…
Bessent urges Fed to keep an open mind on rates, citing AI productivity !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Japan CFTC JPY NC Net Positions fell from previous ¥120.4K to ¥72K
Month-end FX flows point to yen and pound selling, euro buying – BofA !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
United States CFTC S&P 500 NC Net Positions down to $-133.2K from previous $-100.5K
Fed’s Williams: Persistent supply shocks are making the inflation fight harder !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}