AUD/USD Outlook: Aussie Stabilizes on Firm Chinese Data
US inflation has stalled above the central bank's target. Investors are waiting to see if US inflation will surprise again. China's exports and imports improved in April as domestic and…
US inflation has stalled above the central bank's target. Investors are waiting to see if US inflation will surprise again. China's exports and imports improved in April as domestic and…
Next week's US inflation report will shape the outlook for a Fed rate cut. Tokyo has spent about $60 billion to try to prop up its weak currency. BoJ policymakers…
The Canadian dollar fell due to interest rate differentials and lower oil prices. The Ivey PMI found that economic activity in Canada expanded faster in April. Data from the American…
BoE policymakers have accepted the view that UK inflation is falling towards the central bank's target. The US economy is still far stronger than other major economies. The recent US…
Australia's Q1 inflation data was stronger than expected. Investors expected the RBA to return to its hawkish stance. RBA Governor Michelle Bullock said interest rates are at the right level…
The interest rate gap between Japan and the US is likely to continue for some time. The Federal Reserve is not yet confident enough to start cutting interest rates. The…
The dollar fell on Friday after a bad jobs report. Investors are betting on two rate cuts in 2024, totaling 45 basis points. A Reuters poll cut bets on a…
The US economy added fewer than 175,000 jobs last month. The US unemployment rate rose to 3.9 percent in April. The yen gained 3.5 percent last week, ending its best…
Powell confirmed that the Fed's next policy move will be a rate cut. Data on Friday revealed a larger-than-expected decline in US employment. Investors will focus on the Bank of…
The dollar had its worst week in more than two months. Poor US employment data increased the likelihood that the Fed will cut rates in September. The Reserve Bank of…