Event Guide: RBA Monetary Policy Statement May 2024
The RBA removed “future hikes” from its March decision but also said it’s not ruling out any options. What are the markets expecting this week?
Read MoreThe RBA removed “future hikes” from its March decision but also said it’s not ruling out any options. What are the markets expecting this week?
Read MoreA couple of major central banks are scheduled to announce their rate statements this week, plus we’ve got Canada’s jobs report to watch out for, too!
Read MoreJPY stole the show this week, thanks to stealthy intervention moves, while the Greenback made a few flashy moves around the FOMC decision & U.S. jobs data!
Read MoreMost of the major asset classes traded mostly in the red this week, driven by a mix of themes including falling geopolitical tensions and mixed U.S. jobs updates.
Read MoreThe U.S. dollar continued to lose pips against its major counterparts as more traders digested the Fed’s less hawkish than expected policy decision.
Read MoreSo the Fed is NOT ready to bring rate hikes back on the table. Will the NFP report convince the FOMC gang to keep their rates higher for longer?
Read MoreFinancial markets had a mixed run in the past trading sessions, as there were plenty of factors in play even before the highly-anticipated FOMC decision was announced.
Read MoreAs expected, the Federal Open Market Committee (FOMC) kept interest rates on hold at 5.50% during their May meeting. Here’s how USD pairs reacted.
Read MoreThe New Zealand economy unexpected lost 0.2% jobs quarter-on-quarter in Q1 2024, bringing the unemployment rate up from 4.0% to 4.3% during the period.
Read MoreThe weaker-than-expected Canadian GDP release coincided with a stronger-than-expected U.S. employment cost index report. How did CAD react to the event?
Read MoreThe great pleasure in life is doing what people say you cannot do.Walter Bagehot