Australian Dollar holds gains due to hawkish sentiment surrounding the RBA – FXStreet
The Australian dollar is Hawkish sentiment surrounding the RBA's policy outlook. The Australian dollar could face challenges due to increased risk aversion amid concerns about a potential resurgence of inflation in the US. The yields on US 2-year and 10-year bonds are 4.02% and 4.19%, respectively. The Australian dollar (AUD) reversed recent losses against the […]
US Dollar declines as market awaits Fed signals – FXStreet
The US dollar fell on Friday due to profit-taking. Fed speakers are scheduled to comment on monetary policy on Friday, which could set the pace for the rest of the session. US housing statistics show a decline in building permits and housing starts. The U.S. Dollar Index (DXY), which measures the value of the U.S. […]
Australian Dollar defends position due to hawkish sentiment surrounding the RBA – FXStreet
The Australian dollar has strengthened as strong employment data makes it less likely that the Reserve Bank of Australia will cut interest rates in 2024. In the third quarter, China's gross domestic product reported growth of 4.6% year-on-year (previously measured at 4.7%). Strong US retail sales data supported the US dollar and raised the possibility […]
Dollar rides 'Trump trade' toward third weekly rise, markets brush off China GDP – Yahoo Finance
Written by Tom Westbrook SINGAPORE (REUTERS) – Buoyed by a dovish European Central Bank and strong U.S. indicators, especially boosting expectations of how quickly U.S. interest rates could fall if Donald Trump wins the presidential election. , the dollar on Friday was heading for its third straight weekly gain. Presidency. In Asia, market reaction to […]
USD/JPY Price Forecast: Rallies above 150.00 on strong US Dollar – FXStreet
The USD/JPY exchange rate remained at 150.21, extending its rise for the second consecutive day on the back of rising US bond yields. The RSI is gaining bullish momentum, suggesting that the pair is approaching a key resistance level above the Ichimoku cloud (Kumo). The next resistance levels include the 100-DMA at 150.85 and the […]
US Dollar advances after ECB dovish outlook, US Retail Sales – FXStreet
Expectations for Fed easing continue to evolve, with two rate cuts by year-end almost priced in. Retail sales unexpectedly rose in September, and weekly new jobless claims fell. The ECB's Lagarde is concerned about the EU's economic outlook, which is benefiting the US dollar. The US Dollar Index (DXY), which measures the value of the […]
'Trump trade' lifts dollar, Asia stocks await China news By Reuters – Investing.com
Written by Tom Westbrook SINGAPORE (Reuters) – Asian stocks regained early gains on Thursday after a housing policy briefing in China underwhelmed investors, while the dollar rallied for the first time in two-and-a-half months on the prospect of President Donald Trump taking office. The price remained near the highest price. Global bonds were firm as […]
Dollar hovers near 11-week high, eyes on China property briefing – Yahoo Finance
Written by Lei Wee SINGAPORE (Reuters) – The Australian dollar rose on Thursday after a better-than-expected jobs report for the sixth straight month, but the greenback received additional support from a possible victory for President Donald Trump in the next U.S. presidential election. The stock remained close to an 11-week high. The highlight of Asia […]
Dollar gains on trimmed rate expectations; sterling weakens post inflation – Investing.com
Investing.com – The US dollar rose modestly on Wednesday, trading near two-month highs on expectations that the US Federal Reserve will cut interest rates modestly this year, while the pound weakened on positive inflation data. fell. At 4:15 a.m. ET (8:15 p.m. Japan time), the dollar index against a basket of six other currencies was […]
USD/INR holds ground as US Dollar appreciates due to risk-off mood – FXStreet
The Indian rupee faced challenges due to foreign exchange outflows due to increased risk aversion. India's annual inflation rate rose to a nine-month high of 5.49% in September, reducing the possibility of a Reserve Bank of India (RBI) rate cut. As India is the world's third-largest oil importer, the fall in crude oil prices may […]