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USD/CAD EXTENDS ITS DOWNSIDE BELOW 1.3610 AHEAD OF CANADIAN CPI DATA.
USD/CAD trades on a softer note near 1.3605 in Monday’s early Asian session. Canada’s CPI inflation data is estimated to ease to 2.8% YoY in April from 2.9% YoY in the previous reading. The Fed is expected to keep the rate on hold until September, despite cooler-than-expected US infla
NZD/USD HOLDS GROUND NEAR 0.6150 AS RBNZ EXPECTS TO KEEP OCR RATES UNCHANGED
NZD/USD holds ground after NZIER Monetary Policy Shadow Board advised the RBNZ to keep the OCR unchanged at 5.5%.The US Dollar faces a challenge as softer US inflation sparked speculation about the Fed’s rate cuts in 2024.Fed’s Michelle Bowman suggested that the inflation decline last year was tempo
BOJ SURVEY: JAPAN ON CUSP OF SEEING BIG CHANGES IN CORPORATE ACTIVITY
The findings of a survey, conducted by the Bank of Japan (BoJ) to assess its past monetary easing measures, showed that Japan is on the cusp of seeing big changes in corporate activity. Additional takeaways Many firms said they can no longer hire enough workers if they curb wages. More firms startin
GOLD PRICE CLIMBS TO A RECORD HIGH, RISING GEOPOLITICAL TENSIONS IN FOCUS
Gold price gains ground after reaching a record high on Monday. The hopes for Fed rate cuts and escalating Middle East tensions boost safe-haven assets like gold. Federal Reserve officials Bostic, Barr, Waller, Jefferson, and Mester are set to speak on Monday. The gold price&nbs
AUSTRALIAN DOLLAR EXTENDS GAINS AMID IMPROVED RISK APPETITE, TEPID US DOLLAR
The Australian Dollar appreciates due to improved risk appetite on Monday.The Australian Dollar may struggle as Australia’s 10-year bond has dropped to its monthly lows.The US Dollar faces a challegne as US Treasury yields inch lower. The Australian Dollar (AUD) extends gains for the second con
USD/JPY TRADES ON A STRONGER NOTE ABOVE 155.50, INVESTORS AWAIT FEDSPEAK
USD/JPY holds positive ground near 155.80 on Monday, Fed’s Bostic said he saw signs of cooling inflation, but he prefers to watch more data before cutting rates. The divergence in interest rates between the US and Japan weighs on the JPY and creates a tailwind for the p
GOLD PRICE FORECAST: XAU/USD GAINS GROUND ABOVE $2,400, EYES ON FEDSPEAK
Gold price kicks off the new week on a positive note near $2,415. The softer US inflation data has prompted the Fed’s rate cut expectation, lifting the yellow metal.The hawkish comments from Fed officials might cap the precious metal’s upside. Gold price (XAU/USD) gath
EUR/USD GAINS GROUND ABOVE 1.0850, FOCUS ON FEDSPEAK
EUR/USD holds positive ground near 1.0875 in Monday’s early Asian session. Many Fed officials emphasized their cautious stance to hold rates higher for longer. ECB’s Schnabel said they should move cautiously on rate cuts because there is a risk of easing prematurely. T
AUD/USD TRADES WITH MILD POSITIVE BIAS NEAR 0.6700, RBA MEETING MINUTES EYED
AUD/USD posts modest gains around 0.6695 on Monday. The markets remain unconvinced that the Fed will pivot earlier than previously expected. Australia’s Unemployment Rate rose more than expected last month, easing the possibility of another RBA rate hike. The AUD/USD pair trades
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Harga Emas Turun di Bawah USD2.000, Kinerja IHSG dan Rupiah Ikut Tertekan
Harga Emas Turun di Bawah USD2.000, Kinerja IHSG dan Rupiah Ikut Tertekan (Foto: MNC Media) IDXChannel - Harga emas pada perdagangan Senin (11/12/2023) masih melemah di kisaran USD1.994 per ons troy. Harga emas terpuruk jelang rilis data inflasi AS, ditambah kekuatiran jelang keputusan besaran bunga
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