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Forex Today: Aussie edges higher on hawkish RBA hold, focus shifts to US data
The Forex Market· 6 days agoHere is what you need to know on Tuesday, June 18: The Australian Dollar (AUD) stays resilient...
Australian Dollar edges higher on hawkish RBA Bullock
The Forex Market· 6 days agoThe Australian Dollar (AUD) loses ground on Tuesday on the modest rebound of the US Dollar (USD).
Mester urges Fed to explain its decisions, policies more clearly
Crain's Cleveland Business· 7 days ago“I have always been an advocate of trying to explain the rationale for our policy decisions, meaning, ‘OK, here’s how we’re reading the current data, here’s where we think the economy’s going ...
Norway May Avoid Rate Cut This Year to Cool Resilient Economy
Bloomberg· 4 days agoNorway’s central bank said it will probably need to keep borrowing costs at the highest level since...
South African Inflation Stable but Still Above Central Bank Objective
US News & World Report· 5 days agoJOHANNESBURG (Reuters) -South African inflation was stable in May, data showed on Wednesday, but analysts do not expect interest rate cuts any time soon as it remains above the central bank's ...
The Fed's first rate cut of 2024 could come next month if the labor market slows
Business Insider via Yahoo Finance· 3 days agoThis should be concerning to the Fed, which runs the risk of keeping financial conditions too tight...
The Frontlines
Newsweek· 18 hours agoMark Rutte, the outgoing Dutch prime minister likely to become the next NATO chief, has enjoyed good ties with Donald Trump which could help the alliance in its standoff with Vladimir Putin ...
Japan's Century-Old Bank Sends Warning to World on Higher-for-Longer Rates
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- For years, it was best known as Japan’s CLO whale — a $357 billion investing giant...
RBA set to leave interest rate unchanged for fifth straight time
The Forex Market· 7 days agoInterest rate in Australia is set to stay steady at 4.35% for the fifth consecutive meeting in May. Reserve Bank of Australia Governor Michele Bullock will hold a press conference at 05:30 GMT ...
Bitcoin sees $621 million outflow as investors react to Fed's cautious stance
CryptoSlate· 7 days agoIndustry sees largest crypto outflows in three months as US Fed Reserve's FOMC meeting spurs market...