What has happened since the last RBA meeting? 10th November: Australia’s central bank says nearer to point when it can wait on rates (Reuters) CPI fell to 6.9% y/y, down from 7.4% and beneath the 7.5% – suggesting inflation has peaked Governor Lowe reiterated his belief that the economy can have a soft landing PMI’s […]
The post The Consensus is for RBA to Hike by 25bp Tomorrow appeared first on Action Forex.
USDCAD declines from 1.4100 again RSI moves horizontally below 70 MACD still in bullish momentum USDCAD has successfully broken the 1.4100 psychological mark earlier today, taking the market towards a fresh four-and-a-half-year high of 1.4176. Read more…
US President-elect Trump used his Truth Social network to announce his latest tariff threats. Trump vowed to impose 10% additional tariffs on China exports to the US and 25% tariffs on all products from Mexico Read more…
Oil prices rose in early European trade following a drop on Monday. OPEC+ is set to meet on December 1st to discuss a potential oil cut rollover into 2025. Technically, Brent Crude has been in Read more…