The week started off on the right foot for European data this week, although it may be a bit difficult to comprehend! German PPI for October was only up 34.5% YoY vs and expectation of 41.5% YoY and a September reading of 46.8% YoY. This was the lowest level since June and the first decline […]
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AUD/USD loses ground as RBA meets rate hike expectations. Short-term risk is tilted to the downside. A close below 20-SMA could extend decline. AUD/USD retreated to 0.7134, extending Monday’s losses after the Reserve Bank of Read more…
USD/JPY held near 157.22 on Tuesday following a volatile start to the week. Pressure on the Japanese yen has increased as demand for the US dollar has returned, with investors once again favouring the greenback Read more…