AUD/USD Rises as RBA Holds Rates & Resists Broader Easing Push
Although its major peers are cutting rates, the RBA does not go do down this road and the Aussie reacts higher
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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Although its major peers are cutting rates, the RBA does not go do down this road and the Aussie reacts higher
The pair drops and heads towards its worst month of the year, as Australian inflation showed further moderation and is likely to add pressure to the RBA to follow its peers and start cutting rates
The pair has entered its fourth straight profitable week as bets of another hike by the BoJ this year dissipate and the Fed adopts a more served approach around easing
The pair extends this month’s losses, as UK inflation dropped below the 2% target for the first time in over three years, strengthening the case for bolder rate cuts by the central bank
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The pair extends its losses after the central bank of New Zealand accelerated its easing pace after August’s pivot as inflation cools, the economy contracted and unemployment is rising
Utilities were the best performing sector of the S&P500 in Q3, largely fueled by the AI boom, but the new quarter leads to a pullback
The pair deepens the pullback from the 2024 peak as US NFPs moderate expectations around the Fed’s easing path and BoE governor Bailey offered dovish remarks
The sportswear giant is having a bad year which reflect on the stock and the latest results reaffirmed the downside momentum, but turnaround plans could fuel further rebound
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