Forex News Category

Upcoming Market Updates: AUD, NZD, EUR, GBP, CAD, USD AUD: MI Inflation Gauge m/m, it measures Change in the price of goods and services purchased by consumers. NZD: ANZ Commodity Prices m/m, it measures Change in the global price of exported commodities. AUD: ANZ Job Advertisements m/m, it measures Change in the number of jobs

Upcoming Market Updates: AUD, EUR, GBP, CAD, USD AUD: Retail Sales m/m, it measures Change in the total value of sales at the retail level. EUR: M3 Money Supply y/y, it measures Change in the total quantity of domestic currency in circulation and deposited in banks. EUR: Private Loans y/y, it measures Change in the

FOMC Minutes, Fed Hiking Rates slowly At the November 2nd FOMC meeting, members unanimously agreed to hike the Fed Funds rate by 75bps to bring the key rate to 3.75%-4.0%.The statement from the meeting said members agreed that ongoing rate hikes were necessary until rates were “sufficiently restrictive”. In addition, the statement noted that “in

Upcoming Market Updates: AUD, NZD, EUR, GBP, CAD, USD AUD: Flash Manufacturing PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry. AUD: Flash Services PMI, it measures Level of a diffusion index based on surveyed purchasing managers in the services industry. NZD: Official Cash Rate, it measures

Upcoming Market Updates: JPY, AUD, GBP, EUR, CAD, USD JPY: BOJ Core CPI y/y, it measures Change in the price of goods and services purchased by consumers, excluding food and energy. AUD: RBA Gov Lowe Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s