AUD/USD Cautious after Australian Inflation Moderation
The pair trades with caution at multi-month highs as Australian CPI report came in hotter than anticipated, but also showed significant moderation
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 11 of 140
The pair trades with caution at multi-month highs as Australian CPI report came in hotter than anticipated, but also showed significant moderation
The pair reached new highs after Fed Chair Powell signaled a pivot, but market pricing appears aggressive and the ECB is ahead in monetary easing
The pair is ion risk of new 2024 lows after Fed Chair Powell opened the door to a September rate cut, whereas his Japanese counterpart kept more hikes in play
The revenue surge of Xiaomi partly due to the successful EV entry provides support to HKG33 and helps it look overcome the Walmart JD stake sale, but technical hurdles loom
The pair found little help from the slowdown in Canadian CPI that strengthens the case for further easing, as optimism for Fed cuts prevails ahead of Fed Chair Powell speech
The pair runs its third straight profitable week, helped by aggressive Fed rate cut expectations and hawkish stance by the Reserve Bank of Australia
The non-ferrous metal runs its third losing month, as fears of an AI bubble and US recession have extrapolated the post-record highs decline
HKG33 rebounded after the poor weekly start, but trades with caution ahead of key resistance cluster, despite an acceleration in Chinese inflation
The Japanese index unraveled due to the BoJ rate hike and Yen rebound, but stages a rebound helped by dovish comments from BoJ officials
The pair accelerated its demise after soft US jobs report boosted calls for aggressive fed cuts and the BoJ stepped up its tightening efforts, but rebounds today on dovish BoJ commentary
Demand fears prevailed over geopolitics following the soft US jobs report that led to a growth scare and market rout
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.