Walkley
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Equities again trade mixed, quiet session for USD/JPY, terrible NZ data seen, Waller spoke
Asia Market Update: Equities again trade mixed; Quiet session for USD/JPY; Terrible NZ data seen; Waller spoke, UST yields rise. General trend - Chinese markets rise after prior decline. - Aussie equities also rose. - Japanese banks lag. - Big CN banks decline after issuing earnings [ICBC, China Eve
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Australia’s Retail Sales drops 0.3% MoM in February vs. 0.4% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, dropped 0.3% MoM in February from the previous reading of a 1.1% rise, according to the official data published by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in weaker than market expectations with an
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AUD/USD outlook: Bearish bias below the base of thick daily cloud
AUD/USD AUDUSD remains under pressure as the price action was capped by the base of thick daily cloud (currently at 0.6531) in past few sessions, while a batch on daily MA’s in bearish configuration, weighs heavily. Bears pressure a higher base at 0.6500 zone (also Fibo 76.4% of 0.6442/0.6667 ascend
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NZD/USD Price Analysis: Finds temporary support slightly below 0.6000, downside remains favored
NZD/USD is expected to see more downside due to multiple headwinds. Investors remain uncertain ahead of the US core PCE inflation for February. A breakdown of the Double Top formation weakens the Kiwi asset. The NZD/USD pair finds interim support near 0.5990 in the European session on Wednesday. The
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USD/CHF rises to four-month high near 0.9050 ahead of US economic figures
USD/CHF appreciates due to risk aversion ahead of key data from the United States. The decline in the US Treasury yields could limit the advance of the US Dollar. Swiss Franc has depreciated as a result of contrasting monetary policies between the SNB and the Fed. USD/CHF moves in the positive direc
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US CB Consumer Confidence Index weakens in March
US CB Consumer Confidence Index eases to 104.7 in March. The USD Index trades slightly on the defensive. Consumer sentiment in the US retreated to three-month lows at 104.7 for the month of March according to the Conference Board. Following three consecutive months of improvements, the index came in
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Another tough week for Dollar bears – ING
Looking ahead in this holiday-shortened week, economists at ING expect a firm US inflation print on Friday. They analyze the US Dollar (USD) outlook. DXY can push up to the 105.00 area Friday is a public holiday in many parts of the world but still features the key release of the week, the US core P
Pull-up Update