UBS sees RBA cutting rates as Australian dollar falls below 0.65

UBS sees RBA cutting rates as Australian dollar falls below 0.65
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UBS sees RBA cutting rates as Australian dollar falls below 0.65
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Finally, the Greenback managed to regain some composure and clocked acceptable gains following multi-month lows. The broader scenario, however, remained clouded by intense tariff uncertainty as well as fears of a US recession. Here is what you need to know on Thursday, March 13: The US Dollar Index (DXY) set aside part of the multi-day…
Kate Cooper, a seasoned expert in the crypto space who previously served as the CEO of Australia and Head of APAC, joined crypto exchange OKX Australia as the CEO. According to Cooper’s statement issued today (Wednesday), Australia’s crypto landscape is evolving, and OKX is focusing on enhancing crypto offerings by targeting opportunities in the region….
UBS has chosen Clearstream to manage fund distribution support activities for the former Credit Suisse (CS) business, marking a consolidation of operations. It was explained in the Clearstream press release that through Clearstream’s Fund Centre platform, UBS aims to streamline processes, reduce costs linked to trailer fee collection, and optimise contract management. The move reflects…
Intraday Analysis 20.09.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
By Wayne Cole SYDNEY (Reuters) – Asia shares were subdued on Monday in a countdown for U.S. price data that investors hope will show a renewed moderation in inflation, while markets were on alert for possible Japanese intervention as the dollar tested the 160 yen barrier. Geopolitics also loomed large, with the first U.S. presidential…
The reason for the optimism is a report from Reuters that CEO Pat Gelsinger is planning to present a comprehensive plan to the board of directors in mid-September: → Special attention will be given to reducing capital expenditures, which is part of a broader effort to revitalise the chipmaker, whose shares have experienced a dramatic…