Will US July CPI Convince Fed to Cut Rates? – Orbex Forex Trading Blog

AUD/USD is attempting a recovery wave from 0.6540. NZD/USD is also correcting losses and might recover further if there is a clear move above the 0.6030 resistance. Important Takeaways for AUD/USD and NZD/USD Analysis Today · The Aussie Dollar found support near 0.6540 and is now recovering against the US Dollar. · There was a…

The Australian Dollar strengthened against the US Dollar (USD) on Monday following the release of Australia’s TD-MI Inflation Gauge, which rose to 3.5% year-over-year (YoY) in December, up from 3.2% previously. On a monthly basis, inflation surged 1.0% month-over-month (MoM) in December 2025, the fastest pace since December 2023 and a sharp acceleration from 0.3%…

Rachel Reeves was hit by a fresh sell-off in government bond markets on Tuesday, underlining the formidable challenge facing the chancellor in the run-up to the autumn budget. The yield, or interest rate, on 30-year UK government debt hit its highest level since 1998, at 5.723%, indicating that it will cost the UK more to…

On Friday, the Dow Jones (US30) Index gained 0.81% (for the week +0.15%), while the S&P 500 (US500) Index gained 0.90% (for the week +0.43%). The NASDAQ Technology Index (US100) closed positive 1.22% (for the week +0.38%). Stocks rose on Friday as a stronger-than-expected US September Payrolls report bolstered prospects for a soft landing. However,…