Forex Market

The chances of a soft landing are getting better, but the Australian economy still seems to be in a holding pattern. It’s far from certain that the unemployment rate will stay below 4%, that wages will catch up to or surpass inflation, or even that the federal budget will continue …

On Tuesday, another round of Fed speakes are attracting the attention of traders, investors and market participants. “We will certainly not continue to raise interest rates until inflation has already fallen to 2%,” Cleveland Federal Reserve President Loretta Mester said.“Nor will we wait to lower interest rates until inflation is …

European stocks fell on Tuesday to their lowest levels in a week, as weak economic data in China stoked fears about a slowing recovery while investors awaited the release of local data that could provide clues to the European Central Bank’s plans for monetary tightening. The European STOXX 600 index …

The Reserve Bank of Australia meeting will be the focal point of the Asian session. The interest rates are not anticipated to alter. Additionally, the Services PMIs’ final reading will be made public. Data on US factory orders and wholesale inflation in the Eurozone are due later in the day.In …

This holiday-shortened week will witness key economic events, such as Factory Orders Data, Initial Jobless Claims, and Consumer Credit releases in the United States. These events will add to the spotlight on the Fed, with several FOMC speakers making speeches and the Fed’s Beige Book for September scheduled to be …

As investors await the Reserve Bank of Australia’s next monetary policy decision, the AUD/USD pair recovers to 0.6460s, up 0.26%. A weaker US Dollar is caused by mixed US jobs data and Wall Street’s closure for Labour Day; the probability of a Fed rate hike in September remains at 92%. …

Prior to settling around $85.50, WTI reached the support level of $85.32. Investors are still assessing the Friday-released August US NFPs. OPEC expected that its voluntary production caps would remain in place. The WTI crude barrel traded neutrally in the $85.50-$86.00 band, close to multi-month highs, thanks to the falling …

With the country’s economy growing at an annual pace just above 3.5% in the second quarter. This is far from the 9.9% rate it averaged over its first three decades of economic reform. The country’s aging labour force is shrinking, and President Xi Jinping emphasizes loyalty to the Communist Party …

The euro has continued to rise since the beginning of daily trading on Monday, driven by improved risk appetite in global financial markets after measures announced by China to support the real estate sector, in addition to statements by Christine Lagarde, President of the European Central Bank, which favoured further …

Official data showed on Monday, September 4, that annual consumer price inflation in Turkey rose to 58.94% in August, exceeding expectations and rising for the second month in a row as a result of the decline in the lira and the recent increase in taxes. The consumer price inflation rate …