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The Australian Dollar is struggling to gain traction but the RBA might be posturing toward a more hawkish stance and it may manifest in CPI remains robust. Where to for AUD/USD and EUR/AUD?
The Japanese Yen has been sliding lower as Treasury yields outpace JGB yields to the upside, assisting the US Dollar to gain ground. If the BoJ tilt policy, will USD/JPY make new highs?
The Australian Dollar slipped lower after employment data today revealed a tighten unemployment rate assisted by a lower participation rate. The RBA is now the focal point.
The appears poised for a move with the US Dollar regaining some ascendency today with Treasury yields leaping yet again. If USD/JPY breaks higher, will the BoJ intervene?
The war between Hamas and Israel forces everyone to recognize an uncomfortable truth: Immigration is a foreign-policy issue.