AUD/USD After RBA Meeting
AUD/USD After RBA Meeting Policy rate as expected by RBA was raised by 50 bps to 1.85% last Tuesday. This is the fourth consecutive hike and steepest in almost 30 years. This helped a little to raise AUD/USD, which was down by almost 1% from the beginning of this week. This release leaves the pair […]
Upcoming Market Updates: GBP, USD, CAD
Upcoming Market Updates: GBP, USD, CAD GBP: MPC Official Bank Rate Votes, The BOE’s MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on interest rates and how close the committee is to enacting […]
Upcoming Market Updates: AUD, NZD, USD, NZD, AUD, CNY, CHF, GBP
Upcoming Market Updates: AUD, NZD, USD, NZD, AUD, CNY, CHF, GBP AUD: AIG Construction Index, it measures level of a diffusion index based on surveyed construction companies. NZD: Employment Change q/q, it measures change in the number of employed people. NZD: Unemployment Rate, it measures percentage of total work force that is unemployed and actively […]
Upcoming Market Updates: AUD, NZD, EUR, GBP, USD, JPY
Upcoming Market Updates: AUD, NZD, EUR, GBP, USD, JPY AUD: AIG Manufacturing Index, it measures level of a diffusion index based on surveyed manufacturers. NZD: Building Consents m/m, it measures change in the number of new building approvals issued. JPY: Final Manufacturing PMI, it measures level of a diffusion index based on surveyed purchasing managers […]
Upcoming News for this Week:- FOMC, RBA, BOE
Upcoming News for this Week:- FOMC, RBA, BOE FOMC The FOMC increased rates by 75bps increasing the Fed Funds rate from 1.75% to 2.50%. The statement confirmed that spending and production were soft, however job increase remain strong. The Fed put softer data aside by saying that it anticipates ongoing increase in the Fed Funds […]
The US Economy || US rate hike cycle concludes in 2022
The US Economy || US rate hike cycle concludes in 2022 Last week was very active for global rebirth in risk appetite despite a run of data which pointed to deteriorating US economic growth. This is because the softer tone of US data and the FOMC’s acceptance of it implies a reducing risk of the […]
Upcoming Market Updates: JPY, AUD, EUR, CHF, GBP, CAD
Upcoming Market Updates: JPY, AUD, EUR, CHF, GBP, CAD JPY: Prelim Industrial Production m/m, It’s a leading indicator of economic health – production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings. JPY: Retail Sales y/y, It’s the primary gauge of consumer […]
Upcoming Market Updates: NZD, AUD, EUR, USD
Upcoming Market Updates: NZD, AUD, EUR, USD NZD: ANZ Business Confidence, it measures level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers. AUD: Import Prices q/q, it measures change in the price of goods purchased by importers. AUD: Retail Sales m/m, it measures change in the total value […]
Upcoming Market Updates: GBP, AUD, EUR, CHF, USD
Upcoming Market Updates: GBP, AUD, EUR, CHF, USD GBP: BRC Shop Price Index y/y, it measures change in the price of goods purchased at BRC-member retail stores. AUD: CPI q/q, it measures change in the price of goods and services purchased by consumers. AUD: Trimmed Mean CPI q/q, it measures change in the price of […]
Upcoming Market Updates : JPY, GBP, USD
Upcoming Market Updates : JPY, GBP, USD JPY: Monetary Policy Meeting Minutes, It’s a detailed record of the BOJ Policy Board’s meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates. JPY: SPPI y/y, It’s a leading indicator of consumer inflation – when corporations pay more for […]
This Weeks’s currency pair, EURUSD
This Weeks’s currency pair, EURUSD The ECB hike of last week is the highest hike in past 11 years which brought the interest rate from -0.50% to 0.00%. Further normalization of interest is appropriate, indicating that there will be another hike from ECM on their next meeting on 8th September. Another new program was introduced […]
EUR/USD – Euro US Dollar
EUR/USD – Euro US Dollar Last week the European currency showed a slight growth to a high of 1.0272. Reason behind this was the most banal corrective rebound of EUR/USD breaking the equality level of 1.0000, the bottom at 0.9951 on 14th of July, the resumption of Russian gas supplies to Europe and the most […]
Signs of Disinflation Continue
Signs of Disinflation Continue There are some promising signs on the inflation data which is released today for UK and Canada. UK producers lower the prices to 1.8%, which is the disinflation in the third consecutive month. Core CPI also showed to 0.4$ m/m which is also its third straight month on disinflation. Canada’s producer […]
What is expected in BOJ meeting
What is expected in BOJ meeting Bank Of Japan next meeting on Thursday on interest rate decision. Many countries are aggressively increasing the rates to put brakes on inflation. The BOJ is unlikely to do anything, as inflation rate sits at 2.5%. EUR/JPY had been moving higher since 7th of March 2022. The pair began […]
Dollar Index Looks Unstoppable now
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Dollar Index Looks Unstoppable now On Friday afternoon the new highs rose to 107.6, on the start of European trading session it went 107.45. Since Oct 2002 this was the highest rate and the index added around 20% to its 2021 low. This is a positive secondary effect for the US(strengthening of dollar), […]
Australian Dollar Under Pressure as Technical Levels Are in View. Where to for AUD/USD?
Australian Dollar Under Pressure as Technical Levels Are in View. Where to for AUD/USD? JPY: Monetary Base y/y, it measures change in the total quantity of domestic currency in circulation and current account deposits held at the BOJ. AUD: MI Inflation Gauge m/m, it measures change in the price of goods and services purchased by […]
ECB Reveals Anti-Fragmentation Measures – Setups for EUR/GBP, EUR/JPY, EUR/USD
ECB Reveals Anti-Fragmentation Measures – Setups for EUR/GBP, EUR/JPY, EUR/USD AUD: AIG Manufacturing Index, it measures level of a diffusion index based on surveyed manufacturers. NZD: Building Consents m/m, it measures change in the number of new building approvals issued. JPY: Tokyo Core CPI y/y, it measures change in the price of goods and services […]
EUR/USD, EUR/GBP, CHF/JPY Remain Vulnerable as Retail Traders Hold Long
EUR/USD, EUR/GBP, CHF/JPY Remain Vulnerable as Retail Traders Hold Long JPY: Prelim Industrial Production m/m, it measures change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. NZD: ANZ Business Confidence, it measures level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers. AUD: Private […]