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Rba surprises with 25bps hike, to give itself greater confidence
RBA surprises the market by raising the cash rate target rate, by 25bps to 4.10. Tightening bias is maintained as “Some further tightening of moneta...
(rba) statement by philip lowe, governor: monetary policy decision
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. It also increased the interest rate paid...
Full statement of the rba june 2023 monetary policy decision
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. It also increased the interest rate paid...
Gbp to usd forecasts: bulls eye $1.25 despite weaker retail sales
It is a quiet day for the GBP to USD. With economic data on the light side, market risk sentiment and investors views on monetary policy will influenc...
Rba surprises with 25 bps rate hike, cash rate raised to 4.10%
Prior 3.85%Inflation has passed its peak but is still too highIt will be some time yet before it is back in the target rangeEconomic growth has slowed...
Technical outlook and review
DXY: The DXY (US Dollar Index) chart is currently showing bearish momentum, with the price situated below a major descending trend line. This indicate...
Usd/php sits at crucial resistance as philippine inflation cools
The USD/PHP exchange rate moved sideways after the latest Philippine consumer inflation data. The USD to peso was trading at 56.20, ~0.80% above the l...
What levels to watch for aud/usd ahead of the rba decision?
Sellers had their chance to try and breach key support at 0.6500 last week but the figure level held on the daily chart. And now, buyers are turning t...
Hang seng index, asx200, nikkei 225: asx struggles ahead of the rba
It was a mixed morning for the Hang Seng Index and the broader equity markets. Easing bets on a Fed June rate hike provided support ahead of the RBA. ...
Forex watchlist: cad/jpy correction levels ahead of boc decision
Anyone down for a simple trend correction play on a Loonie pair? Check out these neat CAD/JPY retracement levels ahead of the BOC statement!......
Heads up: rba june monetary policy decision coming at the bottom of the hour
The "big four" in Australia are all anticipating no change to the cash rate, so that sort of lays down expectations ahead of the meeting. This is one ...
Verizon 2023 data breach investigations report: frequency and cost of social engineering attacks skyrocket
Human error continues to play a significant role in breaches across all industries What you need to know: Cost per ransomware incident doubled over th...
Gbp/usd could attempt fresh increase above 1.2500
Key Highlights GBP/USD is slowly moving higher toward the 1.2500 resistance. A key bullish trend line is forming with support near 1.2380 on the 4-hou...
Nzd/usd clings to mild gains below 0.6100 on upbeat nz data, softer us dollar
RBA, risk catalysts may entertain intraday traders amid light calendar at home. Read Full Story at source (may require registration) Author: The post ...
Precious-gold holds ground on softer dollar, rate-hike pause bets
Gold prices steadied in a tight range on Tuesday as optimism that the U.S. central bank will not hike interest rates this month kept the dollar under ...
Jpmorgan report says retail demand for bitcoin expected to remain strong as halving approaches
According to a research report by JPMorgan, retail demand for Bitcoin is expected to remain strong in the lead-up to the next halving event, scheduled...
Eurchf wave analysis
EURCHF reversed from resistance level 0.9745 Likely to fall to support level 0.9675 EURCHF recently reversed down from the pivotal resistance level 0....
Gold wave analysis
Gold reversed from support level 1940.00 Likely to rise to resistance level 1985.00 Gold recently reversed up from the key support level 1940.00 (whic...
Nova kakhovka dam in kherson region blown up by russian forces
There have been plenty of reports of this, posting it ICYMI.Via Reuters:The Nova Kakhovka dam in the Russian-controlled parts of Ukraine's Kherson reg...
More on the forecast for the pboc to cut rrr, interest rates in h2 2023
The headline on this from earlier:China Securities Journal says RRR & interest rate cut likely in H2 this yearReuters have followed up with some more ...
Bank of korea: less desirable to increase gold holdings at this point
The Bank of Korea (BOK) assesses it is more desirable to maintain its dollar liquidity than to increase gold holdings for foreign exchange reserves at...
Deepfakeai: revolutionizing crypto with deepfake technology
New York, NY, June 05, 2023 (GLOBE NEWSWIRE) — In recent years, the development of deepfake technology has taken the world by storm. Its ability to ...
China mainland investors bought the most hong kong shares in over two years
The Hang Seng is up around 1% today, Tuesday, 6 June 2023.Bloomberg carry a report with the info:A net HK$10.9 billion ($1.53 billion) of shares were ...
Us dollar pauses as cross market volatility rolls over. will markets be data dependent?
The US Dollar recalibrated after data disappointed and may give the Federal Reserve room to skip a hike at their next gathering. Volatility has eased ...
Australian q1 gdp estimate bumped a touch higher to +0.3% q/q (from +0.2% q/q)
Westpac have nudged their expectation for tomorrow's GDP data from Australia a touch higher, to 0.3% q/.q (from previously +0.2%) and +2.4% y/y. Janua...
Bitcoin trends: volatility slowing down, etf outflows, cursed ordinals
Typically a highly volatile asset, Bitcoin has been consolidating within a tight range over the past two months. The leading cryptocurrency has traded...
Gbp/usd analysis: head and shoulders pattern forming at 1.2546 daily resistance [video]
Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBP/USD daily and 4-hour charts. AUD/USD remains sideli...
Singapore-backed carbon credits data platform cad trust launches 20-member user forum
Launched by IETA, the World Bank and Singapore, CAD Trust is a platform to share information about carbon credits and projects. Read Full Story at sou...
Forexlive asia-pacific fx news wrap: awaiting the reserve bank of australia decision
AUD traders note: RBA Gov Lowe, Dep Gov Bullock both speaking the day following meetingThe 4 phrases from Japanese officials to listen for signalling ...
Usd/jpy at risk of sub-138.50 on weak us service sector data
It was a busy start to the day for the USD/JPY, with household spending numbers easing pressure on Japan’s central bank to shift from ultra-loose. T...
Foreign funds continue to sell down bursa malaysia equities
The net selling on Bursa Malaysia continued into its seventh straight week with net foreign outflows of RM506.5mil. Read Full Story at source (may req...
Gold price forecast: xau/usd retreats from $1,960 amid sluggish markets
Gold Price (XAU/USD) takes offers to refresh intraday low near $1,959 as it reverses the week-start gains amid a sluggish Asian session on Tuesday. Th...
Top 3 price prediction bitcoin, ethereum, ripple: market makers grab liquidity for the next leg up
Bitcoin (BTC) price appears to be leading the rest of the pack south in what can easily be identified as a calculated plan to gather strength for an u...
Pound sterling price news and forecast: gbp/usd bulls press up against key resistance
GBP/USD started the week off by dropping below 1.24, approaching a two-month low of 1.2306 reached on May 25th, as investors perceive a narrowing inte...
Gold eases as firm dollar counters bets for fed pause
Gold slipped as the dollar firmed after a strong U.S. payrolls report, overshadowing support from prospects that the Fed would pause its rate hikes th...