Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update
Elevated commodity prices means higher inflation, which will provoke more rate hikes.
Source: dailyfx.com
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Elevated commodity prices means higher inflation, which will provoke more rate hikes.
A calm across markets is seeing many of the extreme moves over the past week reverse course.
Both AUD/JPY and AUD/USD rates retain bullish technical outlooks.
The US Dollar (via the DXY Index) is holding near its highest level since May 2020.
Gold prices moved above 2060 in today’s session.