AUD/USD Turns Cautious after Hitting Familiar Roadblock
the pair registered its sixth straight profitable day on Monday, boosted by the latest RBA and Fed monetary policy decisions, but faces difficulties today at a region it has rejected before
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. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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the pair registered its sixth straight profitable day on Monday, boosted by the latest RBA and Fed monetary policy decisions, but faces difficulties today at a region it has rejected before
The commodity slumped to new year lows last week, but bounced back as demand fears ease due to the Fed’s pause hint, strong US PMI’s and jobs report, as well as China’s holiday traveling, although headwinds persist
NAS100 rose on Friday as markets viewed the solid employment report as a sign against recession, also helped by tech earnings and easing banking fears, but is cautious today as upcoming inflation figures loom
The US central bank (Fed) and its European counterpart (ECB) adopted very different monetary policy approaches after the failure of SVB and the divergence persisted after this week’s latest decisions, as the stress in the banking sector persists
Overall Revenue dropped for the quarter ended April 1, but iPhone sales increased against the industry’s shipments squeeze, supporting Apple’s top line
Watch today’s US Open for commentary on the latest policy decisions by the Fed that hinted to a pause and the ECB, which moderated the pace of tightening, but pointed to more rate hikes
The US Fed hiked rates again on Wednesday, but opened the door to a hold, helping Copper prices, as markets digest prospect of economic slowdown
The US central bank hiked rates by another 0.25% to what could be the terminal level, but did take more moves off the table, balancing between financial stress and persistent inflation
The pair extended its gains today, as wages rose further in the first quarter in New Zealand, putting pressure on inflation and the central to maintain its hawkish stance
Watch today’s US Open for commentary on the surprise rate hike of the Reserve Bank of Australia, the acquisition of First Republic by JP Morgan ahead of the Fed’s policy meeting and more
The pair faces difficulties this week, with mixed Eurozone inflation figures blurring the monetary policy outlook ahead of the decisions by the US Fed and the European Central Bank
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