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Dollar slides as US data disappointsPound gains on Sunak’s pledges, Aussie up on CPIsWall Street adds to gains on bets of slower Fed hike paceDollar loses more ground on less aggressive Fed...
AUD/USD has steadied today after two days of sharp swings. In the European session, the Australian dollar is trading at 0.6317, up 0.09%. It was a brutal start to the week for the Australian dollar,...
AUD/USD dropped close to 100 points in the Asian session but has recovered and is trading in positive territory.Australia’s labour market remains solidAustralia released September’s...
AUD/USD is considerably lower today, trading at 0.6273, down 0.57%.Employment Data Expected To Remain Strong Australia releases employment data on Thursday, with the markets expecting that the report...
Asian stocks were flashing green on the second day of trading, while Europe is poised to open in a similarly positive manner as sentiment continues to improve, albeit from very low...
Gold is holding below minor resistance at 1675/78 should re-target 1668/66, 1660/57 & then retest 1642/40. Gains are likely to be limited with first resistance at 1655/60. Shorts need stops above...
UK politics commands the international spotlight from time to time, and that time is now. Yet, while we fraternize over Fed policy and how high the Fed could take the fed funds rate into 2023, UK...
Inflation will dominate the market theme again in the coming week as, after the United States, it will be the turn of others to face their inflation demons. With the risk of recession growing by the...
AUD/USD continues to lose ground and can’t find its footing. The Aussie started the week on the wrong foot, with a decline of 1.0% on Monday. In today’s European session, AUD/USD is...
Cracks appear in UK bond markets again, sterling resilient so far Nasdaq hits two-year lows as rising yields hammer riskier assets Dollar reigns supreme, Aussie keeps sinking on China worriesUK...
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