by Forexregulationinquiry | Mar 20, 2024 | News
Australian Dollar extends losses amid a steady US Dollar ahead of Fed policy decision Today, the Australian Dollar (AUD) has continued its downward trajectory against the US Dollar (USD) as markets brace for the impending Federal Reserve policy decision. With the US...
by Forexregulationinquiry | Mar 6, 2024 | Forex News, News
Australian Dollar recovers intraday losses as the ASX 200 Index improves on Wednesday. Australian GDP (QoQ) grew by 0.2%, slightly below the expected 0.3% in the fourth quarter of 2023. Commonwealth Bank of Australia reiterated its expectation of 75 bps rate cuts in...
by Forexregulationinquiry | Mar 1, 2024 | Forex News, News
The has entered a consolidative phase. The Dollar may still struggle to find clear direction in March, but economists at ING expect USD bearish pressure to intensify from the second quarter. A higher bar for a lower Dollar? From a market perspective, the notion of...
by Forexregulationinquiry | Feb 8, 2024 | News
Australian Dollar retraces its recent losses amid a stable US Dollar. Australia’s currency is strengthened as RBA’s Bullock did not rule anything in or out regarding future policy actions. Chinese CPI (YoY) declined by 0.8% against the anticipated decline of...
by Forexregulationinquiry | Feb 7, 2024 | News
Indian Rupee trades on a stronger note amid US Dollar weakness. OECD revised India’s growth outlook higher for 2024–25 (FY25) to 6.2% from the 6.1% forecast earlier in its November outlook. Investors will tune in to the Fed speeches and the Reserve Bank of India (RBI)...
