Asia FX dips as greenback rebounds, RBA cuts rates as expected

Asia FX dips as greenback rebounds, RBA cuts rates as expected
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Asia FX dips as greenback rebounds, RBA cuts rates as expected
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On Wednesday, a new all-time high for the S&P 500 was formed at the 5797.8 level On Thursday, we saw the Nasdaq index jump to 20325.5, a new October high S&P 500 chart analysis On Wednesday, a new all-time high for the S&P 500 was formed at the 5797.8 level. After that, the index…
Investing.com – The U.S. dollar edged higher Monday, holding on to recent gains as traders digested more stimulus announcements from China ahead of comments from a number of Federal Reserve officials. At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher to 102.817,…
With a full slate of GDP, inflation, and central bank updates, markets are set for a whirlwind of economic insights this week. As the BOJ, global data releases, and U.S. job figures take the stage, traders will be sizing up each report for clues on future rate paths and growth momentum. Before all…
BofA Securities has agreed to settle a U.S. Justice Department investigation into alleged market manipulation by two of its former traders, avoiding prosecution under the department’s Corporate Enforcement and Voluntary Self-Disclosure Policy. The bank will disgorge $1.96 million and contribute around $3.6 million to a victim compensation fund. The resolution follows a criminal probe into…
FOMC Preview January 28, 2026 The eight scheduled Federal Open Market Committee meetings scheduled each year have become instances of very high theater. The progressive ramping up of pressure on the committee from the Trump administration hit new heights during the seven weeks since the group last met, forcing Chairman Powell is issue an unprecedented…
As the USD/JPY chart shows, the pair posted solid bullish momentum in the second half of February. This move was driven by a combination of fundamental factors, including: → The appointment of two academics to the central bank’s board, both regarded as strong advocates of economic stimulus through a weaker yen and accommodative lending conditions….