Interest rate hike expectations are running pretty high for the RBA, so a hotter inflation print could seal the deal for May.
Our Event Guide for Australia’s CPI notes that underlying metrics like services inflation could already reflect sticky price pressures, even before energy costs surged during the US-Iran war.
Here’s what I’m watching on AUD/CHF and AUD/CAD if this happens.
2024.11.15 2024.11.15 USDJPY: Elliott Wave Analysis and Forecast for 15.11.24 – 22.11.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 161.64 with a target of 138.08 – 131.25. A sell signal: the price holds below 161.64. Stop Loss: above 162,…
What is this USDCAD chart telling us about tariffs? Looking at a USDCAD daily chart Shows there have been three spikes higher, each lower than the previous one (1.4795, 1.4542, 1.45.21). USDCAD DAILY CHART What each spike has in common is that it was the result of tariff related news. What each spike higher…
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Higher capital requirements for UBS will raise costs for others, CEO says Source link The post Higher capital requirements for UBS will raise costs for others, CEO says first appeared on Forex Trader Hub. Source link