Reserve Bank of Australia June meeting minutes. Headlines via Reuters:The RBA Board judged the case for holding rates steady stronger than for hikingNeeded to...
US retail sales data on Tuesday revealed a smaller-than-expected increase.
The Fed has projected only one cut this year.
The pound fell ahead of the Bank...
Gold soars above $2,330 as investors bet on Fed rate cuts later this year.
Risk aversion due to European political turmoil boosts demand for safe-haven...
Fundamental
OverviewThe USD has been stronger
since last Friday following the US NFP report where the data surprised with solid jobs
and wage growth. There were also...
Altcoins saw even deeper pullbacks during the same period, with the broad-market crypto market benchmark CoinDesk 20 Index declining over 6% with all twenty...
Investors have shifted their focus to the upcoming consumer inflation numbers.
Economists are expecting softer US inflation figures this month.
Japan’s service sector sentiment fell in...
US job vacancies dropped, and private firms employed fewer people in May.
The US services sector remained robust despite high borrowing costs.
The nonfarm payrolls showed...
The NFP report showed bigger-than-expected job growth in May.
Traders scaled back rate cut expectations, leading to a rally in the dollar.
Economists expect the headline...