Month: June 2025

Daily Pivots: (S1) 0.8139; (P) 0.8189; (R1) 0.8222; More…. Intraday bias in USD/CHF stays on the downside as fall from 0.8475 is in progress for 0.8038 low. Strong support could be seen from there to Read more…

Global markets remain mixed, reflecting a cautious investor mood amid heightened trade uncertainty and a lack of clear directional drivers. US stocks closed modestly higher overnight, reversing losses from earlier in the session. Asian equities Read more…

RBA Chief Economist Sarah Hunter addressed the unusual behavior of the Australian Dollar in recent months in a speech today. She highlighted that while initial moves were consistent with past risk-off episodes, the currency’s subsequent Read more…

BoJ Governor Kazuo Ueda told parliament today that recently imposed U.S. tariffs could weigh on Japanese corporate sentiment, potentially impacting winter bonus payments and next year’s wage negotiations. He acknowledged that wage growth may “slow Read more…

China’s manufacturing sector unexpectedly shrank in May, with Caixin PMI falling to 48.3 from 50.4, well below market expectations of 50.6. This marked the first contraction in eight months and the lowest reading since September Read more…

RBA’s May 20 meeting minutes revealed that policymakers weighed three policy options—holding rates, a 25bps cut, or a larger 50bps reduction—before ultimately opting for a modest 25bps cut to 3.85%. The case for easing hinged Read more…

Hybrid – 19 and 20 May 2025 Members participating Michele Bullock (Governor and Chair), Andrew Hauser (Deputy Governor and Deputy Chair), Marnie Baker, Renée Fry‑McKibbin, Ian Harper AO, Carolyn Hewson AO, Steven Kennedy PSM, Iain Ross AO, Alison Watkins AM Others participating Sarah Hunter (Assistant Governor, Economic), Christopher Kent (Assistant Governor, Financial Markets) Read more…

Chicago Fed President Austan Goolsbee said in a webcast overnight that tariffs typically lead to a one-time price increase rather than sustained inflation. Drawing on textbook theory, he said a 10% tariff would create a Read more…

Key Highlights Gold found support near $3,240 and started a fresh increase. It cleared a key contracting triangle with resistance at $3,335 on the 4-hour chart. EUR/USD is moving higher above the 1.1380 resistance zone. Read more…