Category forex

USD Weakens as Soft Data Cuts Fed Hike Bets

Recent US economic data misses and lower Treasury yields reduce expectations for Federal Reserve rate hikes, pressuring the dollar. The US dollar faces downward pressure as weaker retail sales, Nonfarm Payrolls, and Consumer Price Index data reduce support. Markets have sc

RBA Pause Risk Grows

Australian wage and labor data unlikely to shift RBA rate pricing The Reserve Bank of Australia's rate pricing is unlikely to be affected by upcoming wage and labor data. The Australian economy is forecast to add 12k jobs, down from 76.3k in June, with the unemploy