Hawkish and dovish policies affect FX rates through a mechanism referred to as 'forward guidance'.
from DailyFX – Market News https://bit.ly/311Msxj
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Hawkish and dovish policies affect FX rates through a mechanism referred to as 'forward guidance'.
from DailyFX – Market News https://bit.ly/311Msxj
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Crude oil managed to hold ground today after sliding in the previous session as China PMI figures gave the market some good news. Will WTI resume trending up?
from DailyFX – Market News https://bit.ly/3QY0sNZ
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Gold prices are nearly unchanged after three days of losses as inflation bets fall. Tonight's PCE inflation data out of the US is unlikely to provide a boost as central bankers look committed to ba…
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The Australian Dollar nudged higher on mediocre China PMI data and strong domestic private sector credit growth. Will AUD/USD remain under the pump?
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The Australian Dollar was weighed down by a stronger Dollar and falling iron ore prices. Today's PMI data out of China offers a chance for the Aussie Dollar to recover if the data impresses.
from DailyFX – Market News https://bit.ly/3NsMZe1
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