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AUD/USD Stabilises as Traders Await Economic Signals

AUD/USD Stabilises as Traders Await Economic Signals

The AUD/USD pair is navigating the week starting with a steady tone, trading around 0.6590. After a significant drop last Friday, triggered by disappointment over China's economic stimulus measures, the pair finds a momentary respite as it consolidates recent movements.
RoboForex | hace 10
Positive sentiment lingers despite mixed newsflow

Positive sentiment lingers despite mixed newsflow

Markets continue to dance to the tune of Trump’s win; Gold and oil suffer, while bitcoin and equities rally; Minority government in Japan, BoJ mini-minutes unsurprising; Euro under pressure as Germany gets closer to snap election
XM Group | hace 10
Daily Global Market Update

Daily Global Market Update

Oil and Aussie dollar weakened, while the euro and dollar-yen pairs dipped slightly. Oil prices fell due to easing supply concerns and China's tepid economic stimulus. The global market is focused on inflation trends and the impact of US election results. Key economic events from Finland, Japan, and New Zealand will be monitored.
Moneta Markets | hace 10
EUR/USD Stabilises, Considers Trump’s Impact

EUR/USD Stabilises, Considers Trump’s Impact

EUR/USD is settling around 1.0785, assessing the market impact of this week's events. With Donald Trump’s return as US President, the market is recalibrating expectations around inflation and economic policies that his administration may reintroduce.
RoboForex | hace 13
Daily Global Market Update

Daily Global Market Update

Pound, Bitcoin, Oil, and Aussie Dollar surged, with positive technical indicators. Crypto optimism rises with Trump's re-election, while the Bank of England cut rates. Nvidia hit a record high, and key economic events like Japan's Coincident Index and US Consumer Sentiment are on the horizon.
Moneta Markets | hace 13
Dollar Decline on Fed Rate Cut

Dollar Decline on Fed Rate Cut

The market's focus was on the Fed's interest rate decision, which saw the U.S. central bank reduce rates by 25 basis points, in line with market expectations.
PU Prime | hace 13
AUD Outlook: RBA Holds Firm on Rates Amid Economic Uncertainties

AUD Outlook: RBA Holds Firm on Rates Amid Economic Uncertainties

The Australian dollar (AUD) saw moderate gains, with the AUD/USD rate climbing above 0.6600 in recent overnight trading. This movement reflects cautious optimism as markets await the U.S. election outcome and closely monitor signals from the Reserve Bank of Australia (RBA) regarding future interest rate adjustments.
ACY Securities | hace 13