USDCHF experienced its most volatile daily session since June 2021 on Thursday, fluctuating vigorously between a low of 0.9619 and a high of 0.9849. The pair managed to distance significantly above its exponential moving averages (EMAs), but the bullish fuel was not enough to exit the bearish-to-neutral trajectory in the medium-term picture, with the price […]
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Key insights from the week that was. The Westpac-MI Consumer Sentiment Index lifted modestly in March, up 1.2% to 91.6, still an outright pessimistic reading. The latest survey was in the field over the week Read more…
AUD/USD fell over 1% from a multi-year peak as the US Dollar strengthened amid intensifying safe-haven demand. The hawkish Reserve Bank of Australia (RBA) may limit the downside, driven by escalating inflation pressures. The pair Read more…
Despite yesterday’s more optimistic US CPI report, Markets are now focusing on a bleaker inflationary picture ahead. A major theme in Markets is the progressive repricing for a more persistent and damaging US-Iran-Israel war, which Read more…