US Retail Sales contracted, disappointing market forecasts. Fed watchers see 55% chance rates remain on hold in March. RBA rate cut speculation remains amid cooling domestic inflation. The Australian ...
The US dollar is trying to recover on Friday, as recent selling pressure has been strong, but at this point in time, it looks like the market is going to see a bit of recovery.
Shareholder distributions are appropriate. Capital intensity of the industry remains low and gross margins high. In addition, Cochlear enjoys high cash conversion, enabling it to typically pay out 70% ...
USD/JPY: BoJ rate hike bets rise as Japan’s producer prices surge, while US retail sales data could influence Fed ...
Ukraine war negotiation talk supports risk sentiment. Higher than expected US PPI data but weak components that feed into PCE deflator; US Treasuries rally, reversing some of previous day's move ...
Austalian Dollar (AUD) is expected to trade between 0.6250 and 0.6310. In the longer run, buildup in momentum is fading; a ...
Canadian rapper Drake created an unforgettable moment for a fan during his Melbourne concert on Wednesday night at Rod Laver Arena. The 38-year-old ‘God’s Plan’ hitmaker surprised concertgoer Sally ...
If the RBA doesn’t cut next week it would be a shock to the currency market and AUD/USD could lift by around 1 U.S. cent, said CBA. The pair is near 0.6280.
The USD index is trading just below 108 points, roughly where it was just over 24 hours ago after rising sharply because the U.S. CPI for January was stronger than expected.
The U.S. dollar experienced losses as Federal Reserve Chair Jerome Powell indicated no immediate interest rate cuts, ...
Markets are largely expecting the first 25bp rate cut from the Reserve Bank of Australia (RBA) next week on February 18. We ...
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