Nichol
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Mexican Peso retreats as USD/MXN rises on Fed’s hawkish signals, strong US data
Mexican Peso slips from multi-year lows, reacting to optimistic US growth figures and labor market resilience. Strong US GDP growth in Q4 2023 and a robust labor market boosted the US Dollar, a headwind for the Mexican currency. Fed’s Waller remains hawkish, adhering to the “higher for longer” mantr
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Why Does Your Startup Pitch Need Sensitivity Analysis By Ashish Aggarwal?
Imagine that after putting all your precious time, sweat, blood and tears into your startup. Also, on your side there is a good team, a great solution, and you are excited to present it to the world. Take a breath and think before pitching ideas. Have you ever speculated that your mighty speech hit
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USD/CAD corrects to 1.3550 on US Dollar’s modest decline
USD/CAD drops to 1.3550 as the Fed’s belief that the underlying story of inflation easing is intact weighs on the US Dollar. The US Durable Goods Orders remained stronger than expected in February. BoC Rogers worries about Canada’s low productivity. The USD/CAD pair falls to 1.3550 in the early Amer
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AUD/USD advances to 0.6550 as US Dollar eases, Australian Inflation in focus
AUD/USD moves higher to 0.6550 as the US Dollar falls on the Fed’s confidence in inflation, declining to the 2% target. The Fed remains stuck with projections of three rate cuts in 2024. Investors await the Australian monthly CPI data for fresh guidance. The AUD/USD pair rises to 0.6550 in Tuesday’s
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BoJ rate hike, SNB rate cut, RBA and BoE rates unchanged, FOMC market volatility
Previous week's events (week 18 - 22.03.2024) Announcements US Economy The Federal Reserve Chair Jerome Powell said this week during his speech that recent high inflation readings had not changed much the narrative of easing and the central bank stayed on track for three interest rate cuts this year
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AUD/USD stays firm awaiting RBA speech; US PCE ahead in the week
AUD/USD stabilizes after gains, with traders eyeing the 200-DMA and upcoming Australian consumer sentiment indicators. Mixed messages from Fed officials on rate cuts contrast with potential optimism from RBA’s upcoming commentary. Geopolitical tensions and global economic indicators may sway risk ap
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AUD/USD: Why has the Australian Dollar weakened so much despite amazing jobs data?
AUD/USD pitches back down to the base of its range after US data eclipses Aussie employment figures. The rapid reversal is surprising since the Australian data was stellar whilst the US data was unremarkable. A deeper analysis of the Australian jobs data might reveal why its upside influence was so
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