Symbol LND NY Asia AUDCAD 1.01962 1.25024 1.14588 CHFDKK 3.39094 3.81235 5.06465 AUDCHF 0.93688 1.10071 1.02211 AUDJPY 0.97109 1.13336 1.03599 AUDNOK 5.49439 5.70994 10.63771 AUDNZD 1.30433 1.86151 1.56735 AUDPLN 35.74722 44.57508 92.47922 AUDSEK 11.38481 12.33124 14.95649 AUDSGD 4.53423 5.52778 4.56287 AUDUSD 0.26707 0.34394 0.31572 CADCHF 0.9588 1.17644 1.14353 CADJPY 1.25302 1.29748 1.27422 CADPLN 26.21457 38.2585 […]
To recap this trading week… OPEC+ on Monday decided to cut oil production by 100bpd in October to support the declining oil prices due to fears of economic slowdowns and renewed China’s lockdown. RBA increased its interest rate by 50bps, matching market expectations. RBA maintained that more rate hikes will be coming as inflation is […]
Symbol LND NY Asia AUDCAD 1.08363 1.17651 1.15891 CHFDKK 3.40555 3.73526 5.64166 AUDCHF 0.92302 1.01688 1.0288 AUDJPY 0.90952 1.0803 0.99784 AUDNOK 4.7352 6.30481 10.21574 AUDNZD 1.31327 1.6925 1.56658 AUDPLN 31.77734 43.85139 84.59122 AUDSEK 11.11083 12.30346 15.846 AUDSGD 4.48561 5.13296 4.66498 AUDUSD 0.24439 0.37983 0.29056 CADCHF 0.89526 1.06764 1.10584 CADJPY 1.19713 1.24731 1.17429 CADPLN 26.18458 37.39958 […]
Forex The RBA is pretty much expected to raise rates by 50 basis points on Tuesday, investors will pay close attention to the possibility of further aggressive 50bps hike in October and November. The Bank of Canada on the other hand, is looking for 75 bps on Wednesday, While it looks unlikely that BoC will […]
With a lot of uncertainty about the Fed’s imminent monetary policy decisions, the non-farm payrolls report will be pivotal and stays in the spotlight until the end of the week. New jobs for August were expected to decline by almost half after a stellar performance in the previous print, with the consensus being 295k versus […]
Recap: Jackson Hole Symposium Attendees of the symposium sent a unanimous message that inflation should be tackled forcefully, especially in the US and the European economies. Tightening policies will be followed even if they cause collateral damage. Fed Chair Powell, among several other Fed officials, stated that they did not expect to change course, necessarily […]
Symbol LND NY Asia AUDCAD 0.93142 1.08319 1.12195 CHFDKK 3.52229 3.68451 5.29882 AUDCHF 0.85482 1.09914 1.08647 AUDJPY 0.82794 1.00872 0.99485 AUDNOK 5.04101 5.37142 11.27206 AUDNZD 1.23065 1.50795 1.55813 AUDPLN 32.47649 47.29249 78.11751 AUDSEK 9.72087 12.23687 14.60471 AUDSGD 4.1925 4.81886 4.61029 AUDUSD 0.23201 0.31362 0.32354 CADCHF 0.84137 1.10025 1.15757 CADJPY 1.19066 1.17533 1.1566 CADPLN 21.58652 40.44877 […]
Jackson Hole, Powell’s Speech, and PCE Price Index in Focus PCE Price Index is scheduled to be released 90 minutes prior to Powell’s speech. The index is expected to slow down from 0.6% to 0.3% m/m and from 4.8% to 4.7% y/y. A divergence in the data could cause last-minute edits to his speech which […]
