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EUR/USD forecast to rise to 1.15.

A year-end forecast for the euro from Bank of America citing Federal Reserve and ECB rate cuts.: Bank of America are projecting a rise for EUR/USD to 1.15 by the…

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15 March 2024
Blog

Reserve Bank of Australia expected to keep its 4.35% cash rate unchanged until September.

The Reserve Bank of Australia will hold its key interest rate at 4.35% for a third straight meeting on Tuesday and at least until end-September. That's the result showing from…

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15 March 2024
Blog

ANZ have raised their end of year gold forecast to $2,300, from $2,200

On the technicals, ANZ note the recent high around $2,195 as resistance: a break of this resistance targets above $2,200 ANZ are wary of a correction first through, "a healthy…

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14 March 2024
Blog

Gold has jumped higher alongside oil as Mid-East turmoil escalates

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29 January 2024
Blog

Chinese authorities urgency to prop up the stock market should support AUD

Comments on the Australian dollar via Westpac: The flurry of announcements from China aimed either directly or indirectly at the stock market helped drive a 2% weekly gain for the…

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29 January 2024
Blog

The AUDUSD bottomed this week near a key target.

AUDUSD rebounds from key support level, breaking above major resistance points. Buyers remain in control as price targets higher levels. The AUDUSD moved lower in the first half of the…

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19 January 2024
Blog

NZDUSD falls to support and consolidates. Sets up the battle for control next week.

NZDUSD consolidates near strong support at 0.6071 to 0.60897, setting the stage for a crucial week ahead. The NZDUSD moved lower in the early part of the week, helped by…

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19 January 2024
Blog

Fed keeps rates steady, but sees more rate cuts for 2024

Investing.com -- The Federal Reserve kept interest rates steady on Wednesday for the third straight meeting, and signaled deeper cuts for next year as inflation is expected to cool faster…

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14 December 2023
Blog

Dollar takes a dive after Fed signals rate cuts next year

By Brigid Riley TOKYO (Reuters) - The dollar was under pressure on Thursday after the Federal Reserve's latest economic projections indicated that the interest-rate hike cycle has come to an…

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14 December 2023
Blog

Australian Consumer Inflation Expectations for December: 4.5% (prior was 4.9%)

This data tends not to have much of an AUD impact upon release. At the bottom of the hour is the November employment data: The jobs report was that booming…

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14 December 2023
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