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Chart alert: Hawkish RBA provides support for AUD/USD, bulls need to break back above 0.7140
Key takeaways Choppy price action amid conflicting drivers: The AUD/USD has turned volatile, with commodity strength providing support while rising risk aversion, driven by stagflation fears from the US–Iran war 2026, has capped gains, leading to a failed breakout above 0.7140. Hawkish RBA outlook offers medium-term support: Expectations that the Reserve Bank of Australia may…
Rupee dips; forward premiums rise amid near certainty on Fed rate cuts By Reuters
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee was marginally weaker on Thursday amid a pause in the rally in Asian peers, while forward premiums rose after Federal Reserve minutes and downward revisions to U.S. payrolls made it almost The rupee was quoted at 83.9425 to the U.S. dollar at 10.36 a.m. IST, down…
The Analytical Overview of the Main Currency Pairs on The Bank of Canada is likely to continue cutting rates amid a weak labor market. OPEC+ postponed the planned production increase
On Friday, the Dow Jones (US30) decreased by 1.01% (for the week -2.47%), while the S&P 500 (US500) was down 1.73% (for the week -3.64%). The NASDAQ Technology Index (US100) closed negative 2.55% (for the week -5.44%). The Dow Jones (US30) and S&P 500 (US500) fell to 3-week lows, while the NASDAQ (US100) fell to…
NZ First Impressions: ANZ business confidence, September 2024 – Action Forex
Business sentiment has continued to charge higher as interest rate pressures ease, but activity remains soft for now. Key results (September 2024) Business confidence: 60.9 (Prev: 50.6) Expectations for own trading activity: 45.3 (Prev: 37.1) Activity vs same month one year ago: -18.5 (Prev: -23.1) Inflation expectations: 2.92% (Prev: 2.92%) Pricing intentions: 42.8 (Prev: 41.0)…
Shenzhen International Eyewear (Wearable) Design Contest 2024
SHENZEN, China, Dec. 30, 2024 (GLOBE NEWSWIRE) — On December 26, the Shenzhen International Eyewear (Wearable) Design Contest roadshow was held in Shenzhen. This roadshow is a supporting activity of the Light Vision 2024 Shenzhen International Optics Fair. The competition collects works from all over the word. With the theme of “Mirror Inspires the Future·Art…
