AUD/USD Rises after the RBA Hikes Rates for the First Time in More than 10 Years
The Reserve Bank of Australia (RBA) increased interest rates by 25 basis points today, delivering the first hike since November 2010, in a backdrop of surging inflation
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.
Page 101 of 140
The Reserve Bank of Australia (RBA) increased interest rates by 25 basis points today, delivering the first hike since November 2010, in a backdrop of surging inflation
The week of April 25-29, is probably the busiest one of this earnings season, as we had a slew of high-profile companies reporting their results, including the rest of the FAANGs - Facebook (Meta), Apple, Amazon, Alphabet (Google)
ADA/USD runs its fourth straight losing week and heads toward a negative month, as other major cryptocurrencies are also downbeat
The retail and tech giant reported poor results on Thursday after market close and posted its first net loss in seven years, weighed by its stake in EV maker Rivian
The pair jumped to fresh twenty year highs today, after the Bank of Japan stayed dovish, running its eight straight profitable week
Gold covers earlier losses during the European session, in a backdrop of heightened Western-Russian tensions and persistent USD strength
Facebook parent company, Meta, released mostly mediocre Q1 results after market close on Wednesday, but there were some bright spots that lift the stock
The German index recovers form fresh monthly lows and shakes-off worries around the supply of gas to Europe
The pair comes under renewed pressure during the European hours and hits the lowest levels since April 2017, running its fifth straight losing day
The pair moves to the offensive, as today’s data showed a surge in the Consumer Price Index during the first quarter of the year
Elon Musk is a known proponent of Dogecoin, which moved higher on reports and the eventual announcement that Twitter has agreed to be acquired by Tesla’s CEO
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.