
commodity currencies
Articles related to commodity currencies


RBA Holds Rates Steady Amid Inflation Concerns, AUD Outlook Remains Strong
The Reserve Bank of Australia holds its cash rate steady at 3.6%, in line with expectations. The cautious stance reflects concern over rising headline CPI inflation. As it stands, we think the probability of a rate cut at the November meeting has meaningfully diminished. The Aussie dollar remains supported

Powell’s Jackson Hole Message Triggers Yield Curve Steepening and Dollar Weakness
Chair Powell could have been super balanced, or even hawkish. But he effectively chose to endorse the market discount for a rate-cutting phase ahead. It's had quite the reaction. Risk assets are up, the dollar down, so's the front-end yield. Watch longer tenor yields though - the deep thinkers of the bond market, and not quite convinced cuts are all good

Global Stocks Hit Record Highs, Dollar Weakens, Markets Eye September Fed Cut
Japan's Nikkei index hit a new milestone on Wednesday, crossing the 43,000 mark for the first time ever. The broader Topix index also reached a record high, following strong gains in Wall Street overnight and marking six straight days of growth.

Prospects for US Dollar Strength Amid New Tariffs
President Trump’s so-called “Liberation Day” has arrived and an announcement is scheduled for the Rosa Garden at 4pm Washington time when all will be revealed in terms of the tariff actions against the US’s trading partners.

Markets Tumble Ahead of Trump's "Liberation Day" Tariff Announcement; Risk Aversion Rises
Risk assets were down again on Monday in the run-up to what Trump has dubbed Liberation Day on 2 April, when he is due to announce a raft of reciprocal customs tariffs, which would see the trade war take on a global dimension.

USD/JPY Holds Near 150 Ahead of Trump Tariff Announcement Despite Soft Tankan Data
It has been a quieter trading session overnight after the risk-off start to the week. The Nikkei 225 index is unchanged after yesterday’s sharp 4.1% sell-off. Similarly, the major foreign exchange rates have been relatively stable overnight ahead of the release tomorrow of President Trump’s plans for “reciprocal tariffs”.

USD: Deepening Equity Market Sell-Off Could Trigger Pick-Up in FX Volatility
The major FX rates have remained relatively stable at the start of this week in contrast to the deepening sell-off in the equity markets. One of the biggest movers yesterday was the Nasdaq composite index which fell sharply by 4.0% and extended its decline since the high in December to almost 14%.

Surprise Dovish Turn: Bank of Canada Governor Macklem Signals Rate Cuts Ahead

2024 G10 FX Outlook: Navigating a Dollar Bear Trend and Protecting Against Volatility

The Dollar's Long Goodbye: Unraveling Trends and Shifting Dynamics in Global FX Markets for 2024

US Bond Market Sell-Off Sets Tone for FX and Risk Assets

NOK: Norges Bank Maintains Daily Purchases at NOK1bn, Fueling Speculation

Market Insights: Dollar Position Shifts and Central Bank Speeches Drive Currency Trends

Market Trends and Currency Positioning: USD Net Short Position, Euro and Pound Analysis

Emerging Market Turmoil Boosts Demand: US Dollar Stays Strong as Chinese Renminbi Faces Pressure

Inflation Dynamics: New Zealand Expectations Rise, China's Slump Continues

Canadian Dollar Stalls Despite Oil Rally, Awaits Fed Decision

FX Daily: Dollar to Stay Supported into the Fed, DXY to Trade in 101.00-101.50 Range

FX Daily: European Pessimism and Chinese Optimism Influence Currency Pairs

Weaker US Inflation Leads to Dollar Weakness and Demand for Risky Assets

Bull Market Steepening in US Yield Curve Signals Dollar Decline; Commodity Currencies in Focus

FX Daily: Fed Minutes and Data Releases Awaited as Dollar Bears Seek Evidence

Dollar Caught Between Inverted Curves and Equities: FX Daily
