TD Securities’ Prashant Newnaha notes that three Reserve Bank of Australia cash rate hikes this year have tightened domestic financial conditions, with activity slowing broadly in line with Bank expectations. The Minutes show the Board views policy as somewhat restrictive
Bitcoin's 52-week correlation with USD/JPY hits -0.90 Bitcoin's price has shown an unusually strong negative correlation with the dollar-yen exchange rate. The 52-week rolling correlation coefficient between BTC/USD and USD/JPY now stands at -0.90, indicating a strong
Silver Price Forecasts: XAG/USD picks up, nearing $60.00 with the bearish trend intact Silver (XAG/USD) trims some losses on Tuesday’s European session opening and hits session highs in the mid-range of the $59.00s, after bouncing at session lows near
AUD falls amid inflation concerns and US Dollar strength The Australian Dollar has reflected a mixed performance against major currencies. The Reserve Bank of Australia's monetary policy meeting minutes showed concerns over higher inflationary pressures. Th
Preliminary CPI data shows softer price growth, easing pressure on the ECB for immediate rate cuts. France’s June preliminary consumer price index rose 1.8% year-over-year, missing the 2.1% consensus forecast. The print marks a slowdown from May’s 2.4% increase, signaling
The Euro remains under pressure against the Pound, trading near session lows despite stronger-than-expected German retail sales data. The EUR/GBP pair fell to 0.8605 in early European trading, extending losses despite a positive surprise in German retail sales. The cross r
German retail sales surged 1.8% YoY in May, beating forecasts, but the Euro remains under pressure against the Pound ahead of key inflation data. The EUR/GBP pair fell to around 0.8605 in early European trading, extending losses despite stronger-than-expected German retail
The Japanese Yen falls to its lowest level against the US Dollar since 1986, with USD/JPY surpassing 162.00. The Japanese Yen (JPY) slumped to a 40-year low against the US Dollar (USD) on Tuesday, pushing the USD/JPY pair above 162.00. The move marks the weakest level for
ECB Chief Economist Philip Lane signals prolonged elevated oil costs, potentially weighing on Eurozone economic recovery. European Central Bank Chief Economist Philip Lane stated oil prices for 2027 and 2028 are expected to remain above pre-war levels, indicating sustained
Eurozone inflation pressures ease short-term but elevated energy costs threaten growth and price stability, the ECB chief economist warns. European Central Bank Chief Economist Philip Lane said recent declines in oil prices have reduced immediate inflationary pressures in
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.