Category forex

RBA Holds Rate at 4.35%

RBA holds cash rate at 4.35% with tightening bias intact The Reserve Bank of Australia held the cash rate at 4.35% in a unanimous decision. The post-meeting statement retained an explicit tightening bias, flagging the possibility of a further hike if required to re

European Equities Attract Fresh Inflows

European equities match S&P 500 year-to-date gains of 8 percent European equities are drawing fresh inflows as investors diversify due to AI volatility. The region's year-to-date index gains are largely driven by AI-exposed sectors. Around 90 percent of Eur

Dollar Strength Challenges APAC Currencies

USD gains pressure APAC currencies and equities The US Dollar's renewed strength poses a significant headwind for Asia-Pacific currencies. A decisive break above 162 technical resistance in USD/JPY could trigger negative spillovers across APAC FX, equities, and rates.