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Forex

EUR/USD holds positive ground above 1.0700, eyes on German CPI data

The EUR/USD pair trades on a stronger note around 1.0710 during the early Asian trading hours on Monday.

Forex

CE analysts forecast an RBA 25bp interest rate hike at its next meeting, May 7

Capital Economics are forecasting a Reserve Bank of Australia rate hike on May 7. In brief:The case for the RBA to tighten policy...

Forex

Barclays says expect a hawkish Fed and Powell at this week’s FOMC meeting

The Federal Open Market Committee (FOMC) meet this week, statement and presser is due on Wednesday (timings etc here):It's a huge week ahead...

Forex

PBOC is expected to set the USD/CNY reference rate at 7.2579 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for...

Forex

Gold Price Forecast: XAU/USD trades on a softer note below $2,350 on hotter-than-expected US inflation data

Gold price (XAU/USD) trades on a softer note near $2,335 on Monday during the early Asian session.

Forex

Data released over the weekend showed China’s industrial profits fell y/y in March

China's industrial profits March 2024 fell 3.5% y/y, this slowed the gains made for the quarter compared to the first two months. In...

Forex

It’s a huge week ahead – the FOMC is the highlight but there are plenty of others

It's a huge week ahead, including NFP, ISM, and PMI data. The highlight is the Federal Open Market Committee (FOMC) meeting.The FOMC statement...

Forex

AUD/USD gains momentum above 0.6500 ahead of Australian Retail Sales data

The AUD/USD pair trades in positive territory for six consecutive days around 0.6535 during the early Asian session on Monday.

Travels

Luxury travel news from around the world (April 2024)

There is a great deal of news to report this month from the world of luxury travel. Whether its... The post Luxury travel...

Forex

USD/JPY back to its high after the quick early dip under 158.00

I referred to the wee dip for USD/JPY here: Reminder, Japanese markets are closed today, Monday, 29 April 2024. JPY will swing around.There...