UBS forecasts AUD/USD rise on growth prospects

UBS forecasts AUD/USD rise on growth prospects
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UBS forecasts AUD/USD rise on growth prospects
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UK pound faces challenges despite recent gains, BofA says Source link
What a week for currency traders! While the dollar spent most of the time nursing wounds from Trump’s Fed-bashing antics, the euro quietly claimed the weekly crown as best performer. Japan’s political soap opera—losing that Upper House majority—had the yen doing its own dance, even as a shiny new US trade deal (15% tariffs, anyone?)…
Tamadoge Price Prediction – October 21 As some degrees of indecision have persistently established in the activities between bull and bear in Tamadoge pairing with the valuation of the US Dollar, the crypto market is hovering around $0.001, making hiking moves. The way that the TAMA/USD trade has been negotiating in a range-bound fashion around…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov A selloff in the riskier corners of the global market deepened, with stocks plunging and traders rushing to the safety of bonds as concerns about a slowdown in the world’s largest economy intensified. From New…
Singapore’s non-oil domestic exports (NODX) -7.4% m/m in October 2024 expected +2.3%, prior -0.6% (revised from +1.1%) -4.6% y/y expected +4.0%, prior +0.9% (revised from +2.7%) notable NODX to Chi9na fell 22.3% y/y More: exports of non-electronics decreased exports of electronics increased This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Let’s get this out of the way first and foremost. The rate hike today was very well anticipated and priced in by markets already. As such, there isn’t all too much reaction with the Japanese yen even falling after the fact even as interest rates are at the highest since 1995. Markets don’t react to…