Aussie falters on soft jobs data, kiwi calm after Ardern resignation By Reuters
© Reuters. FILE PHOTO: An Australian one dollar coin can be seen amongst various other Australian coins at a store in Sydney, Australia, February 11, 2016. REUTERS/David Gray By Stella Qiu SYDNEY (Reuters) – The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs data […]
EURUSD Breakout Falters as Market Doubts Fed Commitment
EURUSD, S&P 500, Fed Rates and Liquidity Talking Points: The Market Perspective: S&P 500 Bullish Above 3,900 The FOMC minutes reiterated the message of a critical inflation fight, more rate hikes ahead and no cuts forecasted for 2023; but the markets refuse to believe EURUSD’s breakdown reversed before the minutes were released, but they didn’t […]