USD slid following the University of Michigan Sentiment figures and housing market data. Markets remain confident about a cut in September. Greenback might continue being […]
Tag: Dollar
Canadian Dollar firms up against Greenback on Friday
The Canadian Dollar was broadly softer, but gained against USD on Friday. Canada is due to release its latest CPI inflation update next week. US […]
US Dollar slumps below 103.00 as Fed rate-cut bets remain firm
The US Dollar falls as investors seemed confident about the Fed reducing interest rates in September. Robust US Retail Sales growth and lower weekly Jobless Claims […]
New Zealand Dollar faces some selling pressure after RBNZ surprises rate cut to 5.25%
The New Zealand Dollar (NZD) loses momentum in Wednesday’s Asian session. The RBNZ cut its Official Cash Rate to 5.25% at its August meeting on […]
Australian Dollar falls after the surprise rate cut by RBNZ
The Australian Dollar depreciates after an unexpected 25 basis points rate cut by the RBNZ on Wednesday. The Aussie Dollar may face challenges due to […]
Australian Dollar hold ground as RBA remains hawkish
AUD/USD registered a boost, settling near 0.6600. RBA maintains its hawkish position, undergirding a strengthened AUD. Investors to eye upcoming mid-tier Australian economic figures during […]
US Dollar starts the week neutral, inflation data to set the week’s pace
USD steady course remains unaffected by geopolitical tensions despite the lack of substantial fundamentals. Fed officials maintain positive projections of the US labor markets amid […]
Australian Dollar saw red on Friday, fundamentals might limit the downside
AUD/USD slightly retreats, settling near 0.6575 on Friday. RBA reiterates its hawkish stance, contributing to a buoyant AUD. Investors digest Chinese inflation reported during the […]
Australian Dollar attracts buyers due to odds of RBA maintaining hawkish stance
The Australian Dollar edges higher following the hawkish remarks from the RBA Governor Michele Bullock. RBA’s Bullock stated that inflation may not return to the 2–3% […]
Australian Dollar benefits from RBA’s hawkish hold
AUD got some momentum after RBA’s hawkish hold. Governor Lowe confirmed that the bank has no rush on rate cuts. Markets are now pricing in […]