Tests nine-day EMA barrier after rebounding above 179.00

EUR/JPY halts its four-day losing streak, trading around 179.20 during Asian hours on Thursday. Technical analysis of the daily chart shows that the currency cross remains confined within a descending channel pattern. This continuous formation reinforces a persistent bearish outlook for the pair. The EUR/JPY cross is retaining a bearish near-term bias as it holds below both the nine-…

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Households, businesses can weather slower economy, falling house prices

In its Financial Stability Review (FSR) published on Thursday,  the Reserve Bank of Australia (RBA) said that “households and businesses are well placed to weather a slower economy and falling house prices.” Additional takeaways Even if house prices fell a further 20%, only 5% of mortgages would be in negative equity. Less than 1% of borrowers in negative equity,…

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Aussie Dollar slips below 0.70 as Bullock dovishness trumps soft PCE

The Aussie Dollar posted losses of 0.57% against the US Dollar on Wednesday, even though US data trimmed hawkish bets on the Federal Reserve, while the dovish tilt of RBA’s Governor Michele Bullock weighed on the antipodean. At the time of writing, the AUD/USD trades at 0.6947 after peaking at 0.6995. AUD/USD falls as RBA caution outweighs reduced Fed…

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US Dollar Pulls Back as Markets Scale Back Fed Rate Hike Bets. Forecast as of 30.09.2026

2026.09.30 2026.09.30 US Dollar Pulls Back as Markets Scale Back Fed Rate Hike Bets. Forecast as of 30.09.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As soon as New York Fed President John Williams said the Fed didn’t need to raise rates immediately, the odds of an October rate hike dropped sharply, and EUR/USD bears retreated. Let’s discuss this and build a trading plan….

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