Logo-color Logo-white

The Australian dollar is showing limited movement on Monday. In the European session, AUD/USD is trading at 0.6609, up 0.13%. It has been a bumpy ride for the Aussie, which is coming off a fourth straight losing week and is down a massive 4.4% in October. RBA’s Bullock says inflation will remain high The Reserve […]

The post Australian Dollar at 10-Week Low, RBA Remains Hawkish appeared first on Action Forex.

previous

GBP/AUD and GBP/NZD Pairs Step Into Final Leg of a Recovery

next

November Flashlight for the FOMC Blackout Period

Read More

16/05/2024

Scandi Inflation Expectations on Today’s Menu

In focus today In the US, April industrial production data is due for release. In the euro area, industrial production data for March and employment growth for Q1 are scheduled for release. The current strong labour market gives upside risks to wage growth and thereby domestic inflation. In Denmark, the government will publish an update […]
11/06/2024

EURJPY Trades Sideways Ahead of Key Events

EURJPY is hovering below the recent 171.56 high Yen failed to benefit from Monday’s euro weakness Momentum indicators point to weakening bullish pressure EURJPY is trading sideways today as the yen has failed to benefit from the euro’s weakness following Sunday’s European parliamentary election results. The pair is still hovering close to its recent 171.56 […]
03/04/2024

All Eyes on Euro Area Inflation

In focus today In the US, March ADP private sector employment and ISM Services are due for release. Yesterday’s labour market data supported the notion of labour markets gradually becoming more balanced. Hence, it will be interesting to see if today’s data corroborates this view. In the euro area, today’s focus is on euro area […]