A back-to-back rate cut by the RBA is priced in
As investors remained wary over trade tensions following President Trump’s announcement of tariffs on Japan and South Korea,…
The employment situation is worsening enough to override the tariff-induced inflation worry
Outlook Today we get the preliminary University of Michigan’s consumer sentiment index. As we know, these surveys are…
Initial Jobless Claims rose to 248K last week
Initial Jobless Claims rose to 248K vs. the previous week. Continuing Jobless Claims went up to 1.956M. US…
US GDP, employment data and Fedspeak next on tap
The US Dollar (USD) maintained its bullish bias unchanged for the second day in a row on Wednesday…
FXS Fed Sentiment Index stays in hawkish territory as markets await fresh comments
FXStreet Fed Sentiment Index remains in hawkish territory after May meeting. Several Fed policymakers will be delivering speeches…
Initial Jobless Claims dropped to 228K last week
Initial Jobless Claims ticked lower to 228K. Continuing Jobless Claims eased to 1.879M. US citizens filing new applications…
US Dollar strugguling as markets await GDP and employment data
US Dollar Index drifts lower near 99.33 as doubts about US-led tariff reductions grow. China denies ongoing trade…
US Dollar climbs as trade rumors fuel market speculation
The US Dollar Index (DXY) rises near the 99.65 area as traders react to conflicting US-China trade signals.…
US data, Germany’s morale gauges, and tariffs take centre stage
The Greenback extended their recovery on the back of auspicious headlines around the US-China trade crisis and mitigating…
US President Trump eases market jitters, says no plans to fire Powell, China tariffs to be lower
Recently, US President Donald Trump said at a press conference that his discussions with China are going well,…