Analysis

Dollar Retreats on Soft US PMIs, Bond Yields Tumble

Dollar Retreats on Soft US PMIs, Bond Yields Tumble

The US ISM Manufacturing PMI in February fell to 47.8, way below estimates of 49.5, and 49.1 previously. US Bond yields tumbled, with the 10-year rate settling at 4.18% (4.25%). The 2-year US treasury rate slumped 11 basis points, finishing at 4.53%.
ACY Securities | 269 days ago
Did oil find its way up?

Did oil find its way up?

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Did oil find its way up?
FxPro | 270 days ago
Two drivers of crypto growth

Two drivers of crypto growth

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Two drivers of crypto growth
FxPro | 270 days ago
Daily Global Market Update

Daily Global Market Update

Pound falls 0.3%, Bitcoin drops 2.1%, Oil gains 0.1%. Aussie dollar steady. Gemini to return $1.1bn; US inflation may prompt Fed cut. Key economic data: US ISM PMI, UK GBP, Japan PMI, Eurozone CPI.
Moneta Markets | 273 days ago
Early flight to the moon

Early flight to the moon

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Early flight to the moon
FxPro | 274 days ago
Daily Global Market Update

Daily Global Market Update

Euro Dollar stable, conflicting signals from ROC. Dollar Yen steady, MACD conflicts with broader analysis. Gold up 0.2%, positive MACD. Nike shares rose 0.2%, positive Ultimate Oscillator. Dollar rose, awaiting Fed's inflation measure. Wall Street down, tech stocks lead. US growth revised to 3.2%.
Moneta Markets | 274 days ago
BoJ's Potential Shift in Monetary Policy – Is it time to Short USDJPY?

BoJ's Potential Shift in Monetary Policy – Is it time to Short USDJPY?

In January, the monthly Consumer Price Index (CPI) in Australia experienced a decline of -0.33% compared to the previous month, resulting in a year-on-year growth rate of +3.40%. This performance was slightly below both our and consensus expectations (GSe: -0.27% month-on-month, +3.45% year-on-year; Bloomberg consensus: +3.6% year-on-year).
ACY Securities | 274 days ago
Assessing the Reserve Bank of New Zealand's Policy Outlook

Assessing the Reserve Bank of New Zealand's Policy Outlook

The Official Cash Rate (OCR) in New Zealand stands at 5.5%, according to the latest data, aligning with the GSe/Bloomberg Consensus. As the Reserve Bank of New Zealand (RBNZ) approaches its February meeting today at 12pm, there is a sense of anticipation and caution among market participants due to limited communications from the central bank since November.
ACY Securities | 274 days ago
DXY Subdued on Soft US Durable Goods, Confidence

DXY Subdued on Soft US Durable Goods, Confidence

Heading into this morning’s RBNZ Rate Decision meeting, the Kiwi (NZD/USD) steadied to 0.6170, little changed from 0.6165 previously. The Kiwi retreated off Monday’s high at 0.6211. Last week RBNZ Governor Adrian Orr acknowledged the risks of tightening policy.
ACY Securities | 274 days ago