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Boc preview: three scenarios and their implications for usd/cad – tds

Open-ended hold. Bank holds at 5.00% and leaves the door open to further hikes. Bank cites widespread evidence that rate hikes are working to slow dem...

October 25, 2023, 9:29 am

Analyst: gap stock has potential "turnaround story"

Shares of Gap Inc (NYSE:GPS) are 5% higher before the opening bell, after Wells Fargo upgraded the retail stock to "overweight" from "equal weight" an...

October 25, 2023, 8:56 am

Aud/usd price analysis: surprising inflation bolsters aussie

The Australian dollar reached a roughly two-week high after Australia’s inflation report. There is a 66% probability of a quarter-point increase to ...

October 25, 2023, 8:44 am

Australian dollar surrenders gains from stronger cpi data earlier

Evidently, not even improved odds of a RBA rate hike can turn the tide in negative sentiment in the aus...

October 25, 2023, 8:28 am

Gap upgraded to overweight at wells fargo on cost controls and new management

Wells Fargo & Co. analyst Ike Boruchow upgraded Gap Inc. on Wednesday to overweight from equal weight and hiked the clothing retailer's price target t...

October 25, 2023, 7:41 am

Usdjpy technical analysis - waiting for a breakout

USThe Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed tha...

October 25, 2023, 7:14 am

Aussie the only notable mover as we get into european morning trade

AUD/USD is up 0.3% on the day to 0.6375 but is off its earlier highs near 0.6400. The aussie is the only notable mover so far, climbing after the stro...

October 25, 2023, 6:45 am

Aussie rises on inflation data and chinese stimulus; eyes on boc and gold movements

Australian Dollar made significant gains in Asian session today following unexpectedly robust inflation figures for Q3 and September. This has caused ...

October 25, 2023, 6:05 am

Usdchf technical analysis - the trend has turned bearish

US:The Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher, and the Dot Plot showed th...

October 25, 2023, 6:01 am

Gbp to usd forecast: boe rate hike uncertainty leaves outlook in flux

UK retail sales and services PMI numbers will pressure the BoE to leave rate unchanged. However, sticky inflation remains an issue. The post GBP to US...

October 25, 2023, 5:30 am

A couple of light releases coming up in european trading today

The Australian dollar is in the spotlight today as it gains after a stronger-than-expected inflation report here. That is prompting calls for a 25 bps...

October 25, 2023, 5:02 am

What are the odds of a rba rate hike next month now?

In case you missed the headlines from earlier, you can check out Eamonn's recap here: RBA rate hike inc...

October 25, 2023, 4:26 am

Forexlive asia-pacific fx news wrap: australia cpi higher, rba rate hike bets firm, aud up

Australian CPI jumps, as do RBA rate hike bets and the Australian dollar. Read from the bottom up for t...

October 25, 2023, 3:48 am

Rba rate hike incoming on november 7 - will they hike again in december?

The inflation data earlier today has made a November 7 rate hike very likely from the Reserve Bank of A...

October 25, 2023, 3:35 am

Commonwealth bank of australia forecast a 25bp rba rate hike on november 7

Via CBA, their outlook for the Reserve Bank of Australia:CPI stronger than expected – RBA to hike the...

October 25, 2023, 3:18 am

Australia q3 cpi inflation beats expectations, rba hike in focus

Consumer price index (CPI) inflation grew 1.2% in the third quarter from the prior quarter, data from the Australian Bureau of Statistics (ABS) showed...

October 25, 2023, 2:59 am

Australia - demand for luxury supercars "through the roof"

This in the local media (The Australian) in Australia on the day that the data shows surging inflation and pricing for an RBA rate ...

October 25, 2023, 2:27 am

Boc to hold, with hawkish untone?

BoC rate decision is today’s market highlight, as the consensus veers towards maintaining interest rate at 5.00%. The potential for a rate ...

October 25, 2023, 2:07 am

Aussie soars on anticipated rba nov hike; gbp/aud targets 1.8854 support

Australian Dollar experienced a notable surge following the release of higher-than-anticipated consumer inflation figures. The data illustrates an acc...

October 25, 2023, 1:37 am

Australian treasurer chalmers says inflation is moderating but persistent

Australian Treasurer Chalmers says inflation is moderating overall, it is proving to be more persistent here in Australia.He's half right. In the data...

October 25, 2023, 1:37 am


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