RBA Will Not Extend YCT and Will Move to More Flexible QE Model
Introduction The RBA Board is likely to decide that there will be no extension of the YCT to...
A Booming Economy, Soaring Commodity Prices, So Why is the Aussie Not Rallying?
The Australian dollar made a spectacular rebound from the March 2020 nosedive against the US dollar. But although...
European Open: FTSE Breaks 7100, Employment And ISM In Focus
So far, so good, where Tuesday’s bullish breakout on the FTSE is concerned. And equities were a touch...
With Central Banks Stepping Back, the Yen Looks Fragile
Central banks across the world are starting to step back from the ultra-loose policies they enacted last year,...
NFP: US Jobs Recovery To Get Back On Track But Will It Be Enough For The Fed?
Markets are still reeling from the April jobs report as the massive shortfall from the estimates killed any...
Pound Dips Despite Strong Manufacturing PMI
The British pound has reversed directions on Tuesday. The pair is currently trading at 1.4173, down 0.29% on...
Canadian Dollar Rises Ahead Of GDP
The Canadian dollar continues to drift this week. In the European session, USD/CAD is trading at 1.2037, down...
OPEC Meeting Unlikely to Roil Markets, But Iran Might
It’s a crucial week for the oil market, with an OPEC+ meeting on Tuesday that will likely see...
Will Canada GDP Lift Canadian Dollar?
The Canadian dollar is almost unchanged at the start of the week. In the European session, USD/CAD is...
Asian Manufacturing Disappoints Slightly
Market movers today Key market movers this week will be US non-farm payrolls, ISM manufacturing, and euro Flash...
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