RBA’s Assistant Governor Sarah Hunter recently indicated that these rates are contributing to what is expected to be a mild economic downturn. While the labor market remains tight, showing levels of employment growth, Hunter emphasized that this...
The Cable recently experienced a notable decline, falling to a four-week low against the US Dollar (USD), with the exchange rate reaching 1.2470. This drop came as market participants reacted to the threat of new tariffs from former President Trump,...
The pair is experiencing a second consecutive day of follow-through selling, with the exchange rate dropping back below the 1.4350 mark during the early Asian session on Friday. This downward move is largely driven by a stronger U.S. Dollar (USD),...
The Kiwi pair is experiencing downward pressure, trading around 0.5600 during the early Asian trading hours on Friday. The price continues to face a bearish sentiment, primarily driven by market expectations of a potential victory for former...
The EUR/USD currency pair experienced limited movement on Friday, hovering just below the 1.0430 level. While it failed to extend the recent bullish recovery, it also didn't lose ground, signaling a period of consolidation. Market volumes were...
