AUD/USD surges above 0.7200 post-Fed hike, as Chair Powell rules out 75-bps increases
The AUD/USD record gains of more than 130 pips and eyes the 100-DMA at 0.7260.
US dollar and yields sinking as Powell dials down market expectations of 75bp move
US dollar plummets as the Fed dials back expectations of 75bp hikes. The Fed gives
RBNZ Orr: ”It’s business as usual” on monetary policy
The Reserve Bank of New Zealand's governor Adrian Orr is crossing the wires and has
Gold Price Forecast: XAUUSD bears must beware of the buy-everything-rally – TDS
Gold is in wait-and-see mode ahead of the Federal Reserve policy announcement. Strategists at TD
BoE Preview: Forecasts from 11 major banks, another dovish hike on the cards
The Bank of England (BoE) is set to announce its policy decision on Thursday, May
US: Supply issues, inflation and a pullback in demand weighed on ISM services – Wells Fargo
Data released on Wednesday showed the ISM Service Sector dropped unexpectedly to 57.1 in April.
Canada: Energy trade surplus at an all-time high in March – NFB
Canada registered another trade surplus in March, although below expectations: CAD 2.49 billion vs CAD 3.90
German Retail Sales drop 2.7% YoY in March vs. 7.0% previous
German Retail Sales arrived at -2.7% YoY in March vs. 7.0% previous Retail Sales in
Germany: Unemployment Rate stays unchanged at 5% as expected
Unemployment Rate in Germany stayed unchanged at 5% in April as expected. EUR/USD clings to
Eurozone Unemployment Rate drops to 6.8% in March vs. 6.7% expected
The Eurozone Unemployment Rate dropped to 6.8% vs. 6.7% expected and 6.9% reported in February,