US Dollar Takes a Breather after Fed Hawks Boosted it. Will USD/JPY Climb Again?
US Dollar, USD/JPY, AUD, NZD, Fed, China, Crude Oil, Gold – Talking Points US Dollar resumed strengthening but softens in Asian trade The Fed reminded markets of their intention and equities responded If China’s reopening goes smoothly, will the USD be impacted? Recommended by Daniel McCarthy Forex for Beginners The US dollar is slightly weaker […]
Asia FX muted amid Fed jitters, Australian dollar boosted by RBA By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies moved little on Tuesday in anticipation of an address by Federal Reserve Chair Jerome Powell, while the Australian dollar shot up after the Reserve Bank raised interest rates and flagged more hikes in store. The jumped 0.7% to $0.6929, coming close to the key 0.7 […]
Asia FX muted as PCE data looms, yen boosted by inflation By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies kept to a tight range on Friday in anticipation of the Federal Reserve’s preferred inflation gauge, while the Japanese yen rose as higher-than-expected Tokyo inflation readings fed into expectations for more hawkish moves by the Bank of Japan. The rose 0.2% against the dollar and […]
Australian Dollar May Rise After US GDP Boosted Dow Jones, S&P 500, Nasdaq 100
Australian Dollar, AUD/USD, US GDP, Fed, Doji – Asia Pacific Market Open: Australian Dollar rose after US GDP data improved sentiment The mixed report kept door open to both hard and soft landing AUD/USD may rise if Asia-Pacific equities follow the US lead Recommended by Daniel Dubrovsky Get Your Free AUD Forecast Asia-Pacific Market Briefing […]
Oil Boosted as China Reopens!
Oil prices had their biggest weekly gain since last October. This came amid cooling inflation in the US and an improved outlook for growing demand from China. Following China’s reopening, will we now see crude hit $100 before Q1 is over? Timestamps WTI 01:40 BRENT 03:05 The post Oil Boosted as China Reopens! appeared first […]