AUD/USD Outlook: Downside Bias Intact Ahead of US CPI
The AUD/USD pair fell to new lows since Friday. The probability of a 50 basis point Fed rate cut in September has dropped from around 50% to 30%. Business conditions…
The AUD/USD pair fell to new lows since Friday. The probability of a 50 basis point Fed rate cut in September has dropped from around 50% to 30%. Business conditions…
UK jobless claims fell sharply from 102,300 to 23,700. After the non-farm payrolls report, the likelihood of a 50 basis point Fed rate cut in September fell. Economists are forecasting…
The USD/PI pair hit new lows on Friday after a mixed US jobs report. The U.S. nonfarm payrolls report showed slower job growth in August. Japan's GDP rose 2.9% compared…
The Canadian dollar fell to a two-week low on Friday. Canada's unemployment rate jumped from 6.4% to 6.5%, increasing the chances of the Bank of Canada making further rate cuts.…
US employment data showed that the labor market is slowing. The U.S. nonfarm payrolls report showed a smaller-than-expected increase in jobs in August. US inflation data will be the last…
Data on manufacturing activity in the US raised fears of a recession. US non-farm payrolls missed forecasts, showing a drop in demand. The dollar fell as interest rate cut expectations…
RBA Governor Michelle Bullock said it was too early to think about a short-term cut in interest rates. US private employment was lower than expected in August. ISM PMI data…
The dollar fell after several reports showed a mixed picture of the economy. The US private sector employed another 99,000 individuals, missing the estimate of 144,000. Investors will pay close…
The U.S. posted a lower-than-expected 7.67 million job vacancies in July. Investors have increased the probability of a 50 basis point Fed rate cut to 45%. The Bank of Canada…
The yen traded near a one-month high on Thursday on safe-haven demand. The U.S. JOLT jobs report revealed fewer than expected job openings at 7.67 million. Investors will be interested…