Author: FX
AUD/USD trades steady on Tuesday, around 0.6490 at the time of writing, virtually unchanged on the day. The Australian Dollar (AUD) maintains a mild upward bias after the Reserve Bank of Australia (RBA) published Minutes showing policymakers see no urgency to cut the Official Cash Rate (OCR) as domestic demand remains robust and inflation pressures persist. However, the central bank also noted that monetary easing could be considered if growth weakens further or if labor-market conditions deteriorate materially.Markets now turn their attention to Australia’s third-quarter Wage Price Index, due Wednesday, with expectations for a 0.8% QoQ and 3.4% YoY increase.…
I3 Verticals outlines 8–10% recurring revenue growth for 2026 while advancing SaaS expansion Source link
Fundamental OverviewThe USD performance has been mixed in the past days but still on net negative despite the decreasing December rate cut odds. It looks like the stock market is what has been driving all other markets.In fact, when the stock market had positive days, we’ve seen Treasury yields and the US dollar rising, but when stocks performed poorly, Treasury yields and the greenback gave back the gains. The market might be thinking that a selloff in the stock market is going to weigh significantly on the economy, eventually requiring the Fed to cut more or more aggressively. The focus…
ams-OSRAM AG reports Q3 results Source link
The Pivot Multi Time MT4 Indicator is a technical tool that calculates pivot points from different timeframes, daily, weekly, and monthly, and displays them all on one chart. Pivot points are widely used in trading to determine potential support and resistance levels where the price may reverse or break out. By having multiple timeframes on a single chart, traders no longer need to switch between different charts or guess which levels are more significant. This makes trading simpler, faster, and more reliable. How It Works This indicator works by analyzing price data from various timeframes and plotting overlapping pivot levels…
Changelly is bringing Black Friday to the crypto market with its 2025 campaign, offering users record-low crypto purchase fees and exclusive rewards. The campaign is powered by Topper by Uphold, featuring the guaranteed lowest fees of 2025. Until November 30, users can buy crypto with up to 75% lower fees and enter a giveaway to win one of ten iPhone 17 Pro devices—all via the smart fiat on-ramp aggregator on Changelly’s website or in its mobile app.Black Friday Meets Crypto: Up to 75% Off Purchase FeesRunning through November 30 (11:59 PM UTCGMT+0), the campaign brings the Black Friday experience to…
GBP/USD remains subdued for the third successive session, trading around 1.3150 during the Asian hours on Tuesday. The pair struggles as the Pound Sterling (GBP) comes under strain after the United Kingdom (UK) Chancellor of the Exchequer Rachel Reeves abandoned planned income-tax rises. The decision has raised questions about the UK’s fiscal outlook, despite the Office for Budget Responsibility lowering its budget deficit forecast to £20 billion from £35 billion. Reeves is still anticipated to pursue revenue through threshold changes and salary-sacrifice reforms, favoring a smaller-scale budget over significant tax increases.Additionally, the British Pound continues to face downside pressure after…
Following a dovish split decision earlier this month, the spotlight is now on the U.K. inflation report for clues on whether the Bank of England (BOE) will proceed with a December rate cut. Our Event Guide for the U.K. Inflation Report suggests that we could see cooler consumer price increases in September. Still, if the numbers surprise to the upside or if traders latch onto other GBP-friendly catalysts, then GBP/USD and GBP/NZD’s setups could draw a lot more attention. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable…
China has released initial price guidance for its latest euro-denominated sovereign bond issuance, with a term sheet showing plans to raise €4 billion across two maturities. Investors were guided to a 4-year tranche at mid-swaps +28 bps and a 7-year tranche at mid-swaps +38 bps, according to documents reviewed by Reuters.This marks Beijing’s continued use of offshore euro funding—a strategy China has pursued for several years to diversify its investor base, deepen financial ties with Europe, and avoid over-reliance on U.S. dollar markets at a time of heightened geopolitical and currency sensitivity. Euro bonds also help China tap demand from…
Federal Reserve (Fed) Governor Christopher Waller said that the US central bank should cut the interest rates when policymakers meet in December, Bloomberg reported late Monday. Waller added that he’s grown concerned over the labor market and the sharp slowdown in hiring.Makes case for continuing interest rate cuts.Supports a quarter-percentage-point rate cut at Fed’s December 9-10 meeting. Will provide additional insurance on labor market. Worries restrictive monetary policy is weighing on economy. US labor market weak, near stall speed. Underlying us inflation is close to 2% target. Inflation expectations are well-anchored. Tariffs are one-time price level shocks; doesn’t see any factors that would cause acceleration in inflation. Us gdp growth…