The Australian dollar has posted strong gains on Tuesday. In the European session, AUD/USD is trading at 0.6038, up 0.92% on the day. The Aussie has been swinging wildly and plunged 4.6% on Friday. Australian consumer confidence sinks Australia posted soft confidence numbers on Tuesday. The Westpac consumer confidence index declined by 6.0% in April […]
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BoJ board member Junko Nakagawa cited US trade policy as one of the most significant risks to Japan’s economic outlook. In a speech, she noted that higher US tariffs could directly damage Japanese corporate activity, Read more…
Japan’s exports rose 3.9% yoy in March to JPY 9.85T, below the expected 4.5% yoy gain. Shipments to the US rose 3.1% yoy overall, boosted by strong gains in electronic parts (+35.8%), pharmaceuticals (+29.7%), and Read more…
Key Highlights Gold started a fresh increase and traded to a new record high above $3,350. The current price on the 4-hour chart is still bullish above $3,250. EUR/USD is eyeing more gains above the Read more…