EUR/USD records slight increases around 1.1620 during the early hours of Tuesday’s Asian session. Germany’s CPI inflation increased to 2.9% year-on-year in August. Traders are increasing their wagers on a potential rate hike following remarks from the Fed’s Warsh regarding the need to address inflationary pressures. The EUR/USD pair is experiencing slight increases, hovering around … Read more
After China’s mixed NBS Purchasing Managers’ Index results, AUD/USD is still stable. China’s August Manufacturing PMI increased to 49.8, exceeding expectations, whereas the Non-Manufacturing PMI remained unchanged at 49.0. Australia’s TD-MI Inflation Gauge increased to 4.8% year-over-year in August, even as it experienced a monthly decrease to 0.5%. AUD/USD edges higher following a bearish gap … Read more
AUD appreciates as robust July inflation figures strengthen expectations for a rate increase by the Reserve Bank of Australia. Markets currently anticipate a rate increase in November, as leading banks project an earlier tightening of monetary policy. Traders are poised for Federal Reserve Chair Kevin Warsh’s upcoming speech at Jackson Hole, seeking directional insights regarding … Read more
AUD/USD remains resilient amid increasing expectations for rate hikes from the RBA, even in the face of disappointing capital expenditure figures. Hotter July inflation has led major banks to predict an imminent increase in the RBA cash rate to 4.6%. A firm US Dollar, supported by robust PCE inflation data, limits the upside potential for … Read more
AUD/USD appreciates, approaching 0.7175 in the early hours of Monday’s Asian session. Treasury buyback concerns exert pressure on the US Dollar. An Iranian official characterised the prospect of renewed US economic sanctions as ‘desperate.’ The AUD/USD pair is experiencing slight upward movement, trading at approximately 0.7175 in the early hours of the Asian session on … Read more
The USD/CHF pair experiences a decline as the US Dollar weakens in response to unanticipated fiscal policy actions aimed at limiting the increase in Treasury bond yields. US Treasury Secretary Scott Bessent indicated buybacks exceeding $4 billion to demonstrate the disparity between elevated yields and genuine economic fundamentals. The SNB policy rate is maintained at … Read more
Japan’s trade deficit for July amounted to JPY 634.5 billion, driven by import growth that surpassed record export figures. Elevated energy costs and broad interest rate differentials persist in exerting significant pressure on the Japanese Yen. Fed Meeting Minutes indicated that officials preferred to increase rates in the near term should inflation continue, following the … Read more
EUR/USD edges higher to approximately 1.1585 in the early European session on Wednesday. The pair maintains a positive perspective above the 100-day SMA, supported by bullish RSI momentum. The first upside barrier emerges at 1.1614; the initial support level to watch is 1.1570. The EUR/USD pair is positioned in positive territory close to 1.1585 during … Read more
The USD/CHF experiences a decline as disappointing US retail sales and a moderation in inflation diminish the likelihood of a rate hike in September to 35%. The CME FedWatch tool indicates that traders are currently assigning a probability of only 35% to the likelihood of a rate hike occurring in September. The Swiss National Bank … Read more
Australia’s Wage Price Index increased by 3.2% year-on-year in Q2 2026, aligning with expectations even as it reached a multi-quarter low. RBA Deputy Governor Andrew Hauser cautioned that inflation continues to be elevated, necessitating a more stringent monetary policy to temper economic demand. Weak US retail sales and a cooling inflation environment have led to … Read more
