Dollar Index Outlook: Dollar Rose in Reaction to Shift in Trump’s Rhetoric

Key insights from the week that was. In Australia, Q2 GDP printed broadly as expected at 0.2%qtr (1.0%yr). The themes of recent quarters were once again on display. The consumer remained weak, a 0.2% decline in Q2 leaving aggregate consumption just 0.5% higher than a year ago at June, and 2.0%yr lower on a per […]

Investors scale back bets of a March Fed rate cut US economic data since December point to improvement Focus turns to Fed meeting for clearer guidance on interest rates Decision on Wednesday at 19:00 GMT, press conference at 19:30 To cut in March or not to cut? There has been a notable repricing regarding the […]

Traders lock gaze on Tuesday’s US election Trump and Harris battle neck and neck in final stretch Fed to decide whether to cut interest rates RBA and BoE decisions are also on next week’s agenda The US dollar flexed its muscles lately on the back of upbeat data suggesting that there is no need for […]