UBS pushes back RBA rate cut forecast, holds firm on AUD/USD optimism

UBS pushes back RBA rate cut forecast, holds firm on AUD/USD optimism
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UBS pushes back RBA rate cut forecast, holds firm on AUD/USD optimism
Source link
Yuan-Backed Stablecoins are emerging as China’s latest strategic tool in the global financial arena. Unlike earlier crackdowns on crypto, this shift signals a pragmatic approach. By exploring Yuan-backed stablecoins, Beijing aims to challenge dollar-denominated stablecoins and push for the internationalization of the Yuan. If successful, this move could reshape the balance of power in global…
The 1% Rule in Forex is a core principle in trading. It means you should never risk more than 1% of your account on a single trade. This rule is popular among successful traders for one simple reason—it protects your trading capital. Following the 1% Rule in Forex consistently helps you survive losing streaks, stay…
Reform UK’s showcase council in Kent faces “extreme risk” and “instability”, opposition politicians have warned, after it passed its first budget. The party’s councillors voted it through on Thursday night after their leaders announced a 3.99% council tax increase, one percentage point under the limit before a referendum is required, despite promising before their election…
United Kingdom CFTC GBP NC Net Positions: £-30.5K vs £-332K Source link
EUR/USD sentiment wanes amid tariff concerns, German politics: ING Source link
The headline reading is a 10-month low as a drop in demand conditions sees German manufacturing activity slump in the final month of last year. Of note, manufacturing output slid into contraction territory for the first time in ten months amid falling export sales. And that led to deeper cuts to employment, purchasing and stocks…