Author: FX
The Australian Dollar extends gains due to the Israel-Iran ceasefire.Australia’s Monthly Consumer Price Index increased by 2.1% YoY in May, against the expected 2.3% rise and the 2.4% prior.Fed Chair Powell advocated for delaying rate cuts, likely until sometime in the fourth quarter.The Australian Dollar (AUD) extends its gains for the third successive session on Wednesday. The AUD/USD pair remains stronger following the release of Australia’s Monthly Consumer Price Index (CPI), which climbed by 2.1% year-over-year in May. The inflation came in softer than market expectations of a 2.3% rise and the 2.4% prior, easing after remaining consistent for three…
WTI crude oil is consolidating near a key support area! Are we looking at one of the best levels to enter its uptrend? Let’s take a closer look at the 4-hour time frame: WTI Crude Oil (USOIL) 4-hour Chart by TradingView Oil prices dropped hard to kick off the week as Middle East tensions cooled, and supply fears took a backseat. Iran’s response to the U.S. strikes was fairly restrained, and Trump called for lower oil prices, which helped tone things down. Sentiment settled further after he posted that China could go on buying oil from Iran. Meanwhile, the dollar…
The market spotlight remained on the Israel-Iran conflict and concerns about the ceasefire agreement being already violated. Still, some improvements in sentiment propped U.S. equity indices higher while crude oil continued to return its recent gains. Here are headlines you may have missed in the last trading sessions! Headlines: New Zealand Credit Card Spending YoY for May 2025: 2.2% (0.3% forecast; 0.5% previous) Germany Ifo Business Climate for June 2025: 88.4 (88.4 forecast; 87.5 previous) ECB official de Guindos says that underlying disinflation process has not been derailed at all ECB official Kazimir reiterated that they are at target when…
April 2025 monthly inflation CPI data from Australia, well under the expected and under the result from April. This supports a Reserve Bank of Australia rate cut at its next meeting (July 7 and 8). Comes in at 2.1% y/yexpected 2.3%, prior 2.4%for the m/m, comes in at minus 0.4%Trimmed mean is 2.4% y/y, a big shunt lower than from the 2.8% in Aprilexpected 2.5%, prior 2.8%—The next RBA meeting is on July 7 and 8, the consensus expectation is for a rate cut .***The monthly CPI data from Australia does not show all components of the CPI, that’ll have…
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
All eyes on Australia’s upcoming CPI report which could shake RBA expectations, creating bearish AUD opportunities on EUR/AUD and AUD/JPY across market environments. Source link
The Reserve Bank of Australia’s next policy decision hinges on this week’s crucial inflation data! Our Event Guide for Australia’s Q2 CPI Report suggests that underlying price pressures could surprise to the upside, potentially reinforcing the RBA’s hawkish bias and reducing market expectations for aggressive rate cuts in the second half of 2025. If inflation meets or exceeds the 2.7% quarterly expectation, we’re eyeing bullish AUD setups on both AUD/CHF and AUD/NZD that could capitalize on different risk environments. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience…
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