AUD/USD Slides as AU Inflation Decelerates Further
Australian inflation moderated further in Q5 according to today’s data, raising the bar for further monetary tightening by the RBA, putting pressure on the pair
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. He has a long time presence at FXCM, as he joined the company in 2011. He has served from multiple positions, but specializes in financial market analysis and commentary.
With his educational background in international relations, he emphasizes not only on Technical Analysis but also in Fundamental Analysis and Geopolitics – which have been having increasing impact on financial markets. He has longtime experience in market analysis and as a host of educational trading courses via online and in-person sessions and conferences.
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Australian inflation moderated further in Q5 according to today’s data, raising the bar for further monetary tightening by the RBA, putting pressure on the pair
The index is cautious around record highs, awaiting the Fed’s policy decision and quarterly results from tech giants like Microsoft, Meta and Apple
Oil prices rose last week as western commercials vessels continued to be attacked in the Middle East, while a hit against US outpost in Jordan resulted to three fatalities
The French index rises after Ms Lagarde stood by recent comments for summer rate cuts, while luxury giant LVMH posted strong 2023 results
Watch today’s US Open for insights on the ECB hold and its impact on EUR/USD, Tesla’s underwhelming results and more
The EV leader recorded its smallest revenue increase in years and warned of slower vehicle volume growth in 2024, but Mr Musk sounded optimistic around the future and touted a next gen model
The Bank of Japan maintained its loose setting but also pointed to confidence that it will restore price stability, so the pair fails to benefit, while markets await US PCE inflation update and other key data
Watch today’s US Open for insights on BoJ inaction and the impact on USD/JPY, the upcoming ECB decision, the highly anticipated earnings from Netflix and tesla and more
The BoJ stuck to its dovish stance with negative rates and yield curve control, while slashing its inflation forecast, raising the bar for a policy pivot
The tech-heavy index reaches new records despite moderation in the Fed rate cuts bets, with key data and earnings by Netflix and Tesla coming up
The pair extends this month’s gains as further moderation in Japanese inflation raises the bar for BoJ normalization and recent Fed speakers temper aggressive market bets for Fed rate cuts
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