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Australian banks closed for Easter Monday, AUD/USD unchanged Australia releases Westpac consumer sentiment and NAB business confidence on Tuesday (Australian time) A solid US nonfarm payrolls report...
OANDA Senior Market Analyst Craig Erlam highlights five things that he believes investors will be closely tracking over the next month. Original Post
The Canadian dollar has edged lower ahead of the North American session. On the economic front, the US releases ADP Employment Change and the ISM Services PMI later today. There are no tier-1 releases...
The New Zealand dollar is showing sharp movement on Wednesday after the Reserve Bank of New Zealand shocked the markets and raised rates by 50 basis points. In the US, JOLTS Jobs Openings was below...
Oil holds gains after OPEC+ cut but remains around recent highsOil prices are consolidating after the early week surge in the aftermath of the OPEC+ announcement. The decision to cut output has proven...
Oil continues higher in the aftermath of the surprise OPEC+ output cutOil prices are higher again on Tuesday, adding to their substantial gains on Monday following the shock production cut from OPEC+....
The New Zealand dollar is almost unchanged ahead of the Reserve Bank of New Zealand (RBNZ) rate decision on Wednesday (New Zealand time). The US releases JOLTS Job Openings.NZD/USD is trading quietly...
The Australian dollar is in negative territory following the RBA decision to pause rates at 3.60%. There are no tier-1 releases out of Australia or the US, so I expect a relatively quiet day from the...
USD/CHF is unchanged in the European session, trading at 0.9150. The Swissie pushed higher earlier but has given up those gains. Switzerland’s inflation rate fell to 2.9%, down from 3.4%, and...
The Australian dollar has edged higher at the start of the week. In the European session, AUD/USD trades at 0.6715, up 0.45%. The RBA meets on Tuesday (Australia time) and is expected to pause rates....
There are no prizes for guessing what the highlight next week will be. The US jobs report is widely regarded as being the most important economic report each month, although inflation probably...
The US dollar has resumed its upswing and has punched above the 133 level. In the European session, USD/JPY is trading at 133.23, up 0.42%. Tokyo Core CPI rose 3.2%, down from 3.4% prior. The US wraps...
The Canadian dollar is looking sharp, with gains of 1.5% this week against the greenback. The week wraps up with Canadian GDP while the US releases the Core PCE Price Index. In the European session,...
Oil prices have recouped losses recently as sentiment has improved, yields have edged higher, and global economic prospects have improved. Recent volatility has been a firm reminder of the uncertainty...
Stock markets are in the green once more on Thursday, with confidence slowly returning as we near the end of the second week without serious drama.Of course, I’m not including the bank sell-off...
The British pound continues to rally and is up for a fourth straight day. BoE member Mann said on Wednesday that the Bank of England will have a difficult time setting monetary policy due to...
The Swiss franc has edged higher on Wednesday. USD/CHF is trading at 0.9176 in the European session, down 0.23%. The ZEW Economic Expectations index fell sharply to -43.3 points. In the US, CB...