The Aussie enters this week with genuine hawkish backing after Australia’s Q2 GDP surprised sharply to the upside, pushing the market-implied probability of a September RBA hike from 48% to 57%, with a November move now more than fully priced. Governor Bullock’s board has already flagged upside inflation risks tied to Middle East-driven energy costs, […]
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Market Overview The crypto market soared by more than 4% to $2.71T, reaching May’s highs at the very start of the day following nearly two weeks of consolidation after the rally. Bitcoin was the key Read more…
Intraday bias in EUR/USD remains neutral for the moment. On the downside, below 1.1565 will extend the fall from 1.1710 to 55 D EMA (now at 1.1555). Sustained break there will argue that rebound from Read more…
Intraday bias in USD/JPY remains mildly on the downside despite current recovery. Focus stays on 154.76/155.01 key support zone. Strong support is expected from the zone to bring rebound. But decisive break there will carry Read more…