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FX Watch: AUD/NZD and AUD/JPY Breakout Plays if Australia’s CPI Fails to Impress
Australia will be printing its quarterly CPI soon, and lackluster results could keep the RBA on track to cut rates soon. In our Event Guide for Australia’s Q4 2024 CPI Report, we noted that underlying price pressures and the central bank’s core inflation measure could determine the Aussie’s direction after the release. …
Dollar dips as yen heads for first weekly drop in six By Reuters
By Hannah Lang NEW YORK (Reuters) -The dollar was off a one-week high against other major currencies on Friday, capping off a turbulent few days as traders digested a drop in U.S. jobless claims and the prospect of a looming economic downturn. The U.S. currency was down against the Japanese yen following a three-day rebound,…
Event Guide: Canada’s Employment Report (August 2025)
After a yuuuuge miss last month, traders will be watching Canada’s August jobs report to size up how dovish the Bank of Canada (BOC) might get compared to its commodity-currency cousins like the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ). Expectations are running low, and the market wants…
US Dollar Stabilizes After Strong ISM Services Data • Dumb Little Man
ECG Pte Ltd (www.dumblittleman.com) is an independent publisher and comparison service, not an investment or financial advisor. Its articles, interactive tools, and other content are provided to you for free, as self-help tools and for informational purposes only. They are not intended to provide investment or financial advice. Dumblittleman does not and cannot guarantee the…
Crude oil tests 200 hour MA | Forexlive
The price of crude oil futures are trading higher by $1.73 or 2.47% at $71.78. The move to the upside has the price testing its 200-hour moving average at $71.76. A move above is needed to increase the bullish bias with the 38.2% retracement of the move down from the October 7 high at $72.10…
