REAL TIME NEWS
Loading...

Fundamental Analysis

Aussie GDP Higher Than Pre-Pandemic

GDP Rises in Q1 Aussie bulls were given further encouragement overnight as the latest economic data came in above expectations. Aussie Q1 GDP came in at 1.8%, well above the 1.6% forecast. With this...

Aussie Rises As RBA Cites Faster-Than-Expected Recovery

AUD Higher Following RBA Meeting The Australian Dollar is seeing renewed demand over the European morning on Tuesday, following the June RBA meeting overnight. The RBA kept rates on hold, as expected...

Oil Breakout Sets the Stage for the Rally Towards the $75 mark

Forex trading was calm and uninteresting on Monday as UK and US markets were closed due to holidays. On Tuesday, we saw a weak attempt by the greenback to recover after the currency tumbled against...

Dollar Outlook for the Week: More Sales Ahead of the NFP

On Monday, the dollar index struggles to maintain support at 90 points. The attempt to go up on the inflation report failed miserably on Friday:Annual inflation in the US in April was the highest in...

Key Economic Events and Reports for the Week Ahead

The Federal Reserve’s key inflation measure, Core PCE, surged to 3.1% in April, raising concerns in the foreign exchange and equity markets. The dollar index rose briefly to the level of 90.40 on...

BofA: Demand for Safe Heavens Grows as Inflation Fears Persist

Investors boosted exposure to safe heaven assets in the week ended on Wednesday, including cash and gold funds, showed BofA flow data on Friday. The move could indicate growing concerns about early...

USD Tactical Retreat is Probably Over. What to expect on the next week?

No sooner had the US economy felt the effect of the two rounds of powerful fiscal spending, it’s already being prepared for a new dose of steroids. However, this time, the government support could...

GBP Higher Following Hawkish BOE Comments

GBP Back in Demand It’s been a noteworthy period of late for GBP, the UK currency has been in fimr favour over the last two months as the government’s reopening has ticked along nicely and the...

FOMO Friday: NZDJPY Breaks Out

NZDJPY Looks Upward Another week comes to an end and it’s been a much quieter week in all. However, despite the lack of volatility, especially when compared with the moves seen over recent weeks,...