AUD/USD Reacts from the RBA-Fueled Slide despite AU GDP Slowdown
The pair extended its losses on Tuesday after the RBA’s dovish hold, but bounces back today despite weak AU GDP print, with the US NFPs looming
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 extended its losses on Tuesday after the RBA’s dovish hold, but bounces back today despite weak AU GDP print, with the US NFPs looming
Watch today’s US Open for insights on the dovish hold by the Australian central bank, the drop in oil prices despite OPEC+ cuts, dovish ECB remarks and more
Markets were unimpressed by last week’s voluntary supply cuts by Saudi Arabia, Russia and other OPEC+ members, sending oil prices lower
The pair falls after last week’s steep deceleration in Eurozone inflation and faces renewed pressure today, after hawkish ECB member hinted at peak rates
The central bank of Australia kept rate unchanged after last month’s hike and maintained its recently softened guidance around upcoming moves
XAU/USD hit new record highs on Middle East concerns and greenback decline after Friday’s speech by Mr Powell boosted market optimism for rate cuts by the Fed
The EV leader started on Thursday deliveries of its futuristic Cybertruck, after multiple delays and production challenges, but focus shifts towards cheap and mass-produced EVs
The organization of oil exporting countries and allies such as Russia, agreed yesterday to curb output by another 2.2 mbpd for the first quarter of 2024 on top of previously agreed cuts
Air traffic has been recovering from the pandemic plunge, helping airlines boost their balance sheets and plane manufacturers increase their output, but can they carry the momentum into 2024?
Watch today’s US Open for insights on the inflation deceleration in the US and Eurozone, the hawkish hold from the central bank of New Zealand, Tesla’s Cybertuck delivery event and more
The pair extends this month’s rally after the New Zealand central bank kept more tightening in play despite holding rates steady, but today’s US PCE inflation update can determine its trajectory
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