There are a couple to take note of, as highlighted in bold.The first one being for EUR/USD at the 1.0725 level. It isn't one that holds much technical significance but could play a role in keeping price action more sticky if we do see more of a downside shove later in...
Germany March industrial orders -0.4% vs +0.4% m/m expected
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Germany March trade balance €22.3 billion vs €22.2 billion expected
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UK April Halifax house prices +0.1% vs -1.0% m/m prior
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Switzerland April seasonally adjusted unemployment rate 2.3% vs 2.3% expected
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RBA’s Bullock: We might have to hike rates if inflation takes markedly longer to fall
But that is not part of our central forecast at the momentWe have not explicitly said we might hike rates againBut as per the statement, we are "not ruling anything in or out" for nowMarket pricing still feels rather reasonably balanced at the momentBut it tells us...
RBA’s Bullock: Rates are at the right level to get inflation back to target
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A slight setback for the aussie on the RBA decision
AUD/USD hourly chartThere was no explicit hawkish message from the RBA in the policy statement today. But they did acknowledge that the recent progress on inflation has slowed down, while maintaining their forward guidance of "not ruling anything in or out". The next...
RBA leaves cash rate unchanged at 4.35%, as expected
Prior 4.35%Inflation continues to moderate, but is declining more slowly than expectedThe economic outlook remains uncertainRecent data have demonstrated that the process of returning inflation to target is unlikely to be smoothPersistence of services inflation is a...
RBA in focus, what levels to watch out for in AUD/USD?
The RBA is back in action this month and things are certainly getting quite interesting for Australia's central bank. We've gone from thinking about rate cuts to rate hikes now. So, the question is will the RBA acknowledge those developments? And if so, what sort of...
RBA decision coming up, previews – on hold but hawkish
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ForexLive Asia-Pacific FX news wrap: Kanda ignites USD/JPY jump
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Heads up for CAD traders – BoC’s Rogers speaking on Tuesday
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Japan chief cabinet secretary Hayashi has no comment on currency intervention
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Federal Reserve Bank of Minneapolis President Neel Kashkari speaks on Tuesday
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Bank of England Financial Policy Committee member Hall speaks on Tuesday
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USD/JPY to a fresh session high
USD/JPY jumped earlier on comments from Kanda pointedly not responding to Yellen - tensions are evident in the intervention realm:USD/JPY shot up to around 154.25/30 before retracing all of its gain ... and has since shot even higher, circa 154.40+ as I post....
Australian Q1 Retail sales -0.4% q/q vs. -0.2% expected
more to comeAustralian Q1 Retail sales -0.4% q/q vs. -0.2% expected and +0.3% priorThe sustained high cash rate and cost of living pressures are weighing on Australian spending. Despite the RBA holding the cash rate high, inflation is showing a tendency to be sticky...
PBOC sets USD/ CNY central rate at 7.1002 (vs. estimate at 7.2143)
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ICYMI – EU proposes sanctions on Russian LNG – would hit about a quarter of revenues
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