Tag: EURAUD
The ECB Lowers Interest Rates to an 18-Month Low!
Economists advise the Federal Reserve will cut interest rates by 0.25%. A 0.50% rate cut is off the table for now.
The ECB...
German Inflation Fails to Support The Euro. Earnings Support The NASDAQ!
German inflation increases from 2.2% to 2.4% and beat expectations. However, the currency struggles to witness significant gains.
Tesla is the best performing...
Market Update – April 24 – Markets on Standby Ahead of Tech Earnings
The USD continues to rotate (USDIndex at 101.60) as PMI data surprised to the upside (Composite hit a 11-mth high) and added to 25bp...
EURAUD: Downside pressure intensifies after RBA statement
The Reserve Bank of Australia announced a 25 basis point rate hike to 3.35% (the highest level since September 2012), in line with market...
Market Update – January 5 – FOMC: Inflation still Public Enemy No. 1
The FOMC minutes continued to show inflation was the overriding concern. Participants generally noted that upside risks to the inflation outlook "remained a key...
Market Update – August 9 – USD & Stocks Dip
USDIndex slipped to test 106.00, before recovering to 106.20. US Stocks opened positively but closed flat for the day. NVDA -6.3%, Novavax -5.01%, AMC...
