Share: AUD/USD portrays a volatile reaction to Australia inflation data, China activity numbers. Australia Monthly Consumer Price Index jumps to 6.8% in April, China’s officials PMIs ease for May. Market sentiment dwindles amid mixed signals from data, risk catalysts. US House of Representatives’ voting on measures to avoid default, JOLTS Job Openings eyed for clear […]
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NZDUSD tumble lower this week The NZDUSD has tumbled 3.6% this week with the last 4 trading days to the downside. That is the biggest move lower since September 19, 2022. This week, the RBNZ raise rates by 25 basis points, but the hike was considered dovish as signals of a pause surprised the market.
NZDUSD down for the 4th day in a row. Extends through swing area and looks toward 50%. Read More »
Markets: WTI crude oil up 96-cents to $72.79 Gold up $6 to $1946 US 10-year yields flat at 3.81% S&P 500 up 1.4% GBP leads, JPY lags The odds of a June Fed hike have risen to 70% from 50% today and that tells the story in FX, with the dollar gaining, though not exactly
Forexlive Americas FX news wrap: Hot PCE report lifts the dollar further Read More »