FX

The Reserve Bank of Australia is expected to cut the OCR by 25 basis points.  Australian core inflation eased in the final quarter of 2024 but remained above the RBA’s target.  The Australian Dollar consolidates gains against its American rival ahead of the announcement.  The Reserve Bank of Australia (RBA) will announce its first monetary […]

Gold price edges higher in Friday’s Asian session.  Trade war fears and lower US bond yields support the precious metal.  Investors brace for the US January Retail Sales data, which is due later on Friday.  Gold price (XAU/USD) extends its upside during the Asian trading hours on Friday. The growing concerns about US President Donald

The Australian Dollar loses ground as Trump announces plans to impose a 25% tariff on all steel and aluminum imports. The AUD faced challenges as China’s retaliatory tariffs on certain US exports have come into effect. The US Dollar received support as January’s job report reinforced the cautious mood surrounding the Fed’s policy outlook. The

The Japanese Yen strengthens against the USD for the third straight day on Thursday. The divergent BoJ-Fed policy expectations continue to underpin the lower-yielding JPY.  A positive risk tone does little to dent bullish sentiment surrounding the safe-haven JPY. The Japanese Yen (JPY) remains on the front foot against its American counterpart during the Asian

AUD/USD hovers above 0.6200, defending mild bids amid US tariff concerns and weak Chinese data. US PCE data showed no surprises, Fed remains cautious. RBA dovish bets continue to pressure the pair. The Australian Dollar clings to mild gains on Friday, trading around 0.6215 after briefly touching a two-week low. The pair remains under pressure