Economic News Category

AUD/USD After RBA Meeting Policy rate as expected by RBA was raised by 50 bps to 1.85% last Tuesday. This is the fourth consecutive hike and steepest in almost 30 years. This helped a little to raise AUD/USD, which was down by almost 1% from the beginning of this week. This release leaves the pair

Swiss National Bank, CHF A message from Swiss National Bank was sent to markets last week which was that it may take monetary policy measures at any time between regular assessment dates if circumstances require that. Last meeting of SNB on 16th June surprised markets and hiked interest rates by 50bps from record low of

The Reserve Bank of Australia (RBA) Monetary Policy Meeting Australia dollar got strong yesterday and AUD/USD was trading at 0.7030 which was up 0.57% on the day. Reserve Bank of Australia is having a meeting today and it is expected that it will deliver an increase of 0.50%bp, which will bring the Cash rate to

Upcoming News for this Week:- FOMC, RBA, BOE FOMC The FOMC increased rates by 75bps increasing the Fed Funds rate from 1.75% to 2.50%. The statement confirmed that spending and production were soft, however job increase remain strong. The Fed put softer data aside by saying that it anticipates ongoing increase in the Fed Funds

The US Economy || US rate hike cycle concludes in 2022 Last week was very active for global rebirth in risk appetite despite a run of data which pointed to deteriorating US economic growth. This is because the softer tone of US data and the FOMC’s acceptance of it implies a reducing risk of the