Breaking News: AUD/USD Hit One-Week High after RBA Left Rates Unchanged
With odds of a rate cut this year still remaining high, the gains in AUD/USD could be temporary. Short AUD/USD?
With odds of a rate cut this year still remaining high, the gains in AUD/USD could be temporary. Short AUD/USD?
With Fed’s rate cut discussion on the table, USD/JPY could continue to tank.
With ADP, jobless claim and consumer confidence favouring a stronger labour report tonight, EUR/USD could suffer further losses.
With Fed being one of the few central banks that aren’t hinting at a rate cut, this could create a monetary divergence between Fed and the rest of the central banks. EUR/USD could fall lower.
Fed may appear to be more dovish this week amid softer consumption demand, short USD/JPY?
As yen’s movement is decided by risk sentiment instead of BoJ, short USD/JPY?
With Bank of Canada (BoC) downgrading their economic forecast and shifting their bias to dovish, Canadian dollar could continue to fall. Long USD/CAD?
Crude oil may start to retreat as IEA pledges to ensure enough supply, long USD/CAD at dip?
Eurozone outlook may not be as pessimistic as what current sentiment shows, long EUR/USD?
With China’s Q1 GDP surpassing markets’ expectations while RBA’s dovish minutes failed to pull Aussie dollar lower, long AUD/USD?