UBS Forecasts Two More RBA Hikes to 4.85%
RBA Governor Michele Bullock and Deputy Governor Andrew Hauser signaled a hawkish stance, noting inflation risks are skewed to the…
The Japanese Yen weakened after the Bank of Japan unexpectedly raised interest rates. Despite the hike, the currency continued to decline as markets shift focus to upcoming Fed comments. Traders are gauging potential Federal Reserve signals for future policy direction, seeking clues on the US dollar's trajectory. Key drivers include diverging monetary policies and investor sentiment ahead of Fedspeak events.
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RBA Governor Michele Bullock and Deputy Governor Andrew Hauser signaled a hawkish stance, noting inflation risks are skewed to the…
The Australian Dollar regained ground after three days of losses, with AUD/USD clearing the 0.7100 level on Thursday. Initial support…
EUR/GBP slipped to around 0.8590 after three days of gains as the Pound strengthened on stronger-than-expected UK retail sales. German…
Gold is recovering from six-week lows near $4,235, currently trading around $4,350 amid cautious markets. Acceptance above $4,400 is vital…