Analysis

What is happening on AUD?

What is happening on AUD?

The main macro event yesterday afternoon has been the RBA’s latest policy meeting. The Australian Dollar has weakened modestly initially following the RBA’s policy decision by around -0.3% against the US Dollar and -0.4% against the New Zealand Dollar. It does though follow strong gains yesterday for the Australian Dollar that have only been partially reversed so far.
ACY Securities | 561 days ago
March service sector indicators in focus

March service sector indicators in focus

New Zealand's central bank raised interest rates by 50 basis points, surprising markets. German factory orders for February rose 4.8%. Today, the US ISM services index is released, with strong services activity casting doubt on interest rate cuts. US Treasury yields fell, while the dollar fell against the euro and sterling.
Moneta Markets | 562 days ago
Ethereum’s overtaking

Ethereum’s overtaking

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Ethereum’s overtaking
FxPro | 562 days ago
What will be the Ueda BOJ's first moves?

What will be the Ueda BOJ's first moves?

Rate hikes by the Fed have entered a final phase due to financial system instability caused by bank failures. The Fed's hawkish stance of raising rates for ‘higher and longer’ has softened, sapping momentum from the USD/JPY's swing back toward 140.
ACY Securities | 562 days ago
Bitcoin’s intense shake-up

Bitcoin’s intense shake-up

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin’s intense shake-up
FxPro | 562 days ago
Aussies signal interest rate pause

Aussies signal interest rate pause

Mixed performance in Asian equity markets as the oil price climbs after OPEC’s production cut. Australia's central bank keeps interest rates steady, warning of potential future tightening. The ECB’s consumer expectations survey updates inflation trends, while US factory orders are predicted to fall by 0.3% in Feb. New Zealand’s central bank is expected to raise interest rates by 25 basis points.
Moneta Markets | 562 days ago
G10 Core Views for April

G10 Core Views for April

Modestly weaker USD in Q2: market focus on US financial fragility and the potential for resulting Fed cuts reminds me of H1 2008, a period when the Fed was cutting rates even as other central banks resisted its direction.
ACY Securities | 563 days ago
Oil to Drive Fed Higher

Oil to Drive Fed Higher

In this video, Chief Economist Clifford Bennett delves into the recent surge in the price of oil and its potential impact on the global economy. He explains the factors that are driving the rise in oil prices and how it could lead to another bout of high inflation.
ACY Securities | 563 days ago
OPEC announces oil production cuts

OPEC announces oil production cuts

OPEC cuts of over 1 million barrels/day boosted oil prices despite inflation concerns, as Asian equity markets rise and US futures decline. China's Caixin manufacturing PMI for March fell to 50. International releases include the US labor market report on Friday. Manufacturing updates are expected today, and US Treasury and UK gilt yields fell on Friday but rose again after OPEC's announcement.
Moneta Markets | 563 days ago