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March 11, 2021
AUD/USD Current Price: 0.7785 Australian March Consumer Inflation Expectations were up 4.1%, beating expectations. Wall Street flirted with all-time highs, ...
March 10, 2021
EUR/USD Current Price: 1.1917 US core February inflation contracted to 1.3% YoY, hitting the greenback. The ECB is having a monetary policy meeting this ...
March 10, 2021
Share: The Australian Westpac Consumer Index improved in March to 2.6%. The greenback remained on the back foot amid weaker yields, poor data. AUD/USD is neutral-to-bullish, needs to extend advance beyond 0.7770. The AUD/USD pair trades around 0.7730 heading into the US close, marginally higher daily basis amid a weaker greenback. Still, the latter has pulled back modestly from its monthly highs, and it’s unclear whether it could fall further. As it has been happening lately, it would depen...
March 9, 2021
Share: The American dollar eased alongside US Treasury yields, retains most of its March gains. The EU Q4 Gross Domestic Product was downwardly revised to -0.7%. EUR/USD has corrected extreme oversold conditions, is still at risk of falling. The EUR/USD pair was able to recover some of the recently lost ground but remains under pressure around the 1.1900 figure. The greenback retreated alongside Treasury yields, which reached one-year highs after US Federal Reserve chief’s Jerome Powell s...
March 9, 2021
AUD/USD Current Price: 0.7713 Upbeat Australian and equities’ advancing provided support to the aussie. RBA Governor Philip Lowe is due to speak on ...
February 23, 2021
AUD/USD Current Price: 0.7928 Resurgent commodities’ prices provided support to the aussie. AUD/USD trades at fresh three-year highs without signs of ...
February 22, 2021
EUR/USD Current Price: 1.2167 Investors are waiting for US Fed Powell’s words on the future of QE. Risk appetite put a halt to yields rally and ...
February 18, 2021
AUD/USD Current Price: 0.7764 Mixed Australian employment figures failed to spur aussie demand. Australian Commonwealth PMIs are expected to have improved ...
February 18, 2021
Share: Central banks reaffirmed the need for monetary policy in a pandemic context. US employment-related data came in worse than anticipated. EUR/USD lacks bullish potential in the near-term, needs to regain 1.2100. The EUR/USD pair edged higher on Thursday, as demand for the greenback somehow receded. The risk-related sentiment turned sour and Wall Street plummeted after its overseas counterpart traded dully. Optimism faded after the European Central Bank published the Meeting Accounts, as...
February 17, 2021
AUD/USD Current Price: 0.7762 RBA believes the economy will need “very significant” monetary support for some time. Australia will publish the ...