Australian Dollar Outlook Grim on Yield Curve as Jobs Data Looms
The Australian Dollar outlook is grim on rising fears of a US recession, yield curve inversion. AUD/USD may shrug off rosy jobs data ahead on fears of slowing global growth.
AUD/USD, AUD/JPY May See 2009 Lows if China Retaliates US Tariffs
The AUD/USD, AUD/JPY may reach 2009 lows as US President Donald Trump gave the green light for more tariffs against China. Retaliation may sink the Australian Dollar as the Yen gains.
USDCAD Rips and Dips on Tariffs, USMCA Deal, BOC Report
USDCAD soared then swooned in a volatile trading session due to downbeat rhetoric found in the Bank of Canadas latest Financial Stability Report but now being offset by positive USMCA deal news.
EURUSD Rate at Support Ahead of Trump Auto Tariffs Decision
Spot EURUSD continues to hover around technical support near the 1.12 price level while traders await next week's looming decision from President Trump on taxing EU auto exports.
Why Does the US Yield Curve Inversion Matter？
With US equity markets recently under pressure, financial news media have pointed to movement in the bond market as the key catalyst.
S&P 500 Welcomes US-China Trade Talk Progress, Asia Stocks May Rise
The S&P 500 aimed higher on Friday on welcoming progress in US-China trade talks, dampening the appeal of the US Dollar. Asia Pacific equities may
AUD/USD May Fall on RBA Minutes, USD Trims Losses on Risk Aversion
The US Dollar trimmed losses in illiquid trading conditions on what seemed to be US-EU trade war fears. AUD/USD may fall on the RBA meeting
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