As we expected, the RBA Board raised the cash rate target by ¼ percentage point to 4.35%. Their inflation outlook is stronger, and so is their outlook for the labour market. But follow-up increases in rates are far from assured. At its November meeting, the RBA Board raised the cash rate target by ¼ percentage […]
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GBP/CAD is entering a decisive moment as markets prepare for two key economic releases today: UK January GDP and Canada’s February employment report. The data arrives just days before the BoC’s policy decision on March Read more…
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Key Highlights USD/JPY remained in a bullish zone and climbed above 158.00. A key bullish trend line is forming with support at 158.20 on the 4-hour chart. Bitcoin could form a base for a move Read more…