Asia FX weakens amid Fed rate caution; US jobs data awaited

Asia FX weakens amid Fed rate caution; US jobs data awaited
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Asia FX weakens amid Fed rate caution; US jobs data awaited
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The Australian Securities and Investment Commission said in a release that a Melbourne man has been sentenced to 18 months’ imprisonment for insider trading linked to mining company Kidman Resources and its takeover by Wesfarmers. The regulator said Duncan Stewart pleaded guilty last year to purchasing more than $130,000 worth of Kidman shares in…
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role of PAMM, MAM & Copy Trading in Business Growth Strategies |…
ECB Governing Council member Peter Kazimir struck a cautious tone today, signaling that while a rate cut next week is possible, he remains “not completely convinced” that ECB should move based on just one positive inflation reading. Speaking to reporters, Kazimir acknowledged that September’s CPI dip below 2% for the first time since 2021 has…
Newsquawk.com Week Ahead: Highlights include US NFP & ISMs; BoC rate decision, Canada jobs; Australian GDP and Swiss CPI MON: US & Canada (Labor Day), EZ & UK Final Manufacturing PMIs (Aug), Chinese Caixin Manufacturing PMI Final (Aug) TUE: Swiss CPI (Aug), Swiss GDP (Q2), Turkish CPI (Aug), US ISM Manufacturing PMI (Aug), Final Manufacturing…
Have you ever placed a trade, only to find the market went nowhere? Or jumped into what looked like a strong trend… just to see it reverse? Understanding whether a market is ranging or trending can make or break your trading strategy. These two conditions behave completely differently, and if you’re taking the wrong approach…
Banxico board sees increased economic slack and downside inflation risks, reinforcing expectations for more rate cuts. Majority noted orderly MXN trading and improving liquidity conditions despite external volatility. USD/MXN could test 20.00 if support at 20.30 breaks; upside risk only resumes above 20.50. On Thursday, April 10, Banco de Mexico (Banxico) released its latest meeting…