Bank of America closes AUD/USD long trade as Fed outlook shifts

Bank of America closes AUD/USD long trade as Fed outlook shifts
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Bank of America closes AUD/USD long trade as Fed outlook shifts
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Rapid FX fluctuation not desirable for economy. Want FX to stabilise as much as possible. The surging yen is not something that the Japanese are happy about at the moment. There’s a reuters report saying that Japanese officials will push back against any request to boost the yen in trade talks with the US. “Three…
The major US stock indices are closing mixed with the Dow industrial average lower while the broader S&P and NASDAQ indices are closing higher, and at record levels. A snapshot of the closing levels shows: Dow industrial average -79.61 points or -0.16% at 49230.71 S&P +56.68 points or 0.80% at 7165.08 NASDAQ index up 398.09…
This evening session’s tone remains light with a few, non-market moving events. NZD traders should still pay attention to the Consumer Confidence surveys releasing in the evening (Particularly the NZIER releasing very soon.) In Tuesday’s session, Europe opens with German Factory Orders (02:00 ET) and multiple ECB speeches from Nagel and Lagarde. The ECB president…
December 2025 and Full 2025 in Figures January 1, 2026 Gold and silver prices soared in 2025, as the dollar experienced its weakest performance in almost a decade. Despite central bank interest rate cuts in Europe and North America, long-term interest rates advanced somewhat. Bitcoin swung all over the place but fell only around 6%…
“King Dollar” returned with a vengeance last week as global markets were jolted by a volatile mix of geopolitical escalation and a dramatic repricing of U.S. monetary policy expectations. The greenback surged broadly, pushing Dollar Index back above the psychological 100 level. The question now is how long Dollar can keep the “throne”. To answer…
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