0.0 00 The anti-risk Japanese yen (USD/JPY) moved lower this morning, hitting a two week low. The sentiment sensitive AUD/USD Forex market traded lower along with Asian shares. US stock market futures are moving broadly lower …
Read More »RBA Minutes stick to the Script
0.0 00 The Australian Dollar was steady, this morning, after the Reserve Bank of Australia (RBA) released their minutes from their May 2 monetary policy meeting. The minutes contained nothing that surprised the financial or Forex …
Read More »Weak Chinese Data slams the Australian Dollar
0.0 00 The AUD/USD Forex market took a modest loss this morning after a flood of weaker than expected economic data came out of China this morning. Actually, some of the data was mixed. April’s official …
Read More »The Kiwi Dollar takes a beating on the RBNZ
0.0 00 This morning, the Kiwi dollar (NZD/USD), and the Kiwi in general, depreciated after the Reserve Bank of New Zealand (RBNZ) held rates steady, as expected. While this had been priced in, recent good economic …
Read More »Japanese Cash earnings miss Expectations Badly
0.0 00 The Japanese yen (USD/JPY) weakened this morning as the US Dollar strengthened thanks to a large miss on further earnings weakness in Japan. This morning, the Bank of Japan (BOJ) reported that labor cash …
Read More »Gold prices fall as Macron wins in France
0.0 00 The price of US spot gold (XAU/USD) spiked lower to a six week low after Emmanuel Macron won over 65 percent of the vote against far-right presidential candidate Le Pen to become France’s youngest …
Read More »Australian Construction gains last Month
0.0 00 This morning, the Australian dollar (AUD/USD) continued to move lower during the Asian trade hours despite some solid Australian housing construction numbers. In April, the Performance of Construction Index from the Australian Industry Group …
Read More »Europe seen higher as Macron holds onto Lead
0.0 00 The markets in Europe are seen higher today, as of 7:00 am London time. They are being buoyed by a strong showing at the final debate before elections by French centrist presidential candidate Emmanuel …
Read More »The RBA remains neutral and the Aussie Gains
0.0 00 RBA stays Neutral The Reserve Bank of Australia (RBA) kept its official cash rate the same at the record low of 1.50 percent. After the news, the Aussie dollar (AUD/USD) moved higher on a …
Read More »Aussie Dollar focuses on Inflation and not Chinese PMI
0.0 00 Today, Aussie dollar traders (AUD/USD) got key economic data from both Australia and China. The purchasing managers’ index (PMI) from the Australian Industry Group rose to 59.2 in April from 57.5 in March. This …
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