Major Australian pension fund says Aussie dollar undervalued, boosts currency holding

Major Australian pension fund says Aussie dollar undervalued, boosts currency holding
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Major Australian pension fund says Aussie dollar undervalued, boosts currency holding
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The GBP/USD weekly forecast remains slightly subdued as the markets pared partial weekly gains amid dollar recovery and profit-taking. Fed’s data dependency and resilient UK economy continue to balance the GBP/USD. Market participants eye the US NFP and the BoE interest rate decision to gauge further directional bias. The GBP/USD price closed its second consecutive…
2025.03.03 2025.03.03 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.03.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: A bearish correction (2) will likely unfold. Consider short trades from the current level, setting a take-profit…
Gold price started a fresh surge above the $3,375 resistance level. WTI Crude oil prices climbed higher above $70.00 and might extend gains. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today · Gold price started a fresh surge and traded above $3,420 against the US Dollar. · A key bullish trend line…
Oil has been falling continuously since the beginning of December, maintaining the broad downward trend that has characterized 2025—excluding, of course, the price spikes seen during the June 12-Day War. The typical fundamental reasoning for this relentless slide has been significantly higher supply from OPEC+, a result of coordinated geopolitical planning aimed at undercutting Russia’s…
FRANKFURT (Reuters) – The CEO of German carmaker Volkswagen (ETR:) said the European Union should consider adjusting planned tariffs against China-made electric vehicles to make allowances for investments made in Europe. “Instead of punitive tariffs this should be about mutually giving credit for investments. Those who invest, create jobs and work with local companies should…
Since the beginning of the week, the US currency (USD) has been getting cheaper. The dollar index (DXY) is down 0.66% to 98.00 points. The dynamics of the greenback is slightly worse against the euro (EUR). EURUSD is growing by 0.71% to 1.18030. The US dollar has big problems. In 1.5 weeks, he lost 2.53%….