Australian Dollar is leading commodity currencies higher again, on the back of positive market sentiment. The Aussie is additionally support by better than expected GDP data, which affirms the case for more RBA rate hike. Canadian Dollar is also firm, awaiting BoC’s hawkish rate hike. Yen is the worst performing one, following the rally in […]
The post Yen Accelerating Down, Aussie Rising With Loonie appeared first on Action Forex.
When 2025 began, many investors were optimistic that the domestic economy would deliver results that would continue to push markets higher. It hasn’t happened yet. There’s been a lot of political turmoil with the arrival Read more…
Spanish ECB Governing Council member Jose Luis Escriva stressed caution in an interview published Sunday, highlighting uncertainty in the economic outlook. He stated that it is “very difficult to gauge the impact of events that Read more…
New Zealand’s Q4 retail sales volume rose 0.9% qoq to NZD 25B, surpassing expectations of 0.6% qoq. Excluding autos, sales jumped 1.4% qoq, well above the 0.3% qoq forecast. Sales volume growth was broad-based, with Read more…