Trading news

AUD Falls on Disappointing CPIs, BoC and BoJ Decide on Monetary Policy

The Aussie tumbled overnight, feeling the heat of Australia’s disappointing inflation data, which may have encouraged investors to increase bets with regards to an RBA rate cut in the months to come. As for today, the spotlight is likely to turn to the BoC rate decision. No change in policy is expected and thus, attention is likely to fall on the accompanying statement, the updated economic projections and the Governor Poloz’s press conference. Tonight, during the Asian morning Thursday, the central bank torch will be passed to the BoJ.

 

Aussie Tumbles as Australia’s Inflation Misses Estimates

The dollar traded higher against all but one of the other G10 currencies yesterday and during the Asian session today. It gained the most against AUD, NOK and NZD, while the currency against which it failed to eke out gains was JPY, with USD/JPY found virtually unchanged this morning.

At first glance, the pattern suggests a risk-off trading environment, but looking at the equity-market performance, we can realize that this was not the case. Most major EU indices closed in...

Read the full financial markets daily report on JFD Research.

JFD Brokers Review

Wednesday, 24 Apr, 2019 / 8:13

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.jfdbank.com/en/research/aud-falls-on-disappointing-cpis-boc-and-boj-decide-on-monetary-policy-20190424

Trading news

 

Pound storms higher as Tories win; stocks hit new records on US-China deal

  Cable touches $1.35 as Conservatives win majority – but mind [...]

Posted on Friday, 13 Dec, 2019 / 9:57 under

Tories Win the UK Elections, US and China Agree on “Phase One” Deal

The pound skyrocketed overnight, outperforming all the other G10 currencies, [...]

Posted on Friday, 13 Dec, 2019 / 9:51 under

ATFX Morning Brief - 2019.12.13

For more analysis check out, please click the below link: Market Analysis by [...]

Posted on Friday, 13 Dec, 2019 / 2:27 under