AUD/USD After RBA Meeting
August 4, 2022AUD/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
Read moreSwiss National Bank, CHF
August 3, 2022Swiss 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
Read moreThe Reserve Bank of Australia (RBA) Monetary Policy Meeting
August 2, 2022The 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
Read moreUpcoming News for this Week:- FOMC, RBA, BOE
August 1, 2022Upcoming 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
Read moreThe US Economy || US rate hike cycle concludes in 2022
July 29, 2022The 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
Read more
Latest Market Analysis and Forex News
Upcoming Market Updates: NZD, GBP, EUR, CAD
August 19, 2022Upcoming Market Updates: AUD, CHF, EUR, CAD, USD
August 18, 2022Cryptocurrency Move Back to Support the Pack to Level
December 11, 2020Gadgets Giveaway Contest
July 9, 2022