Region: Asia Pacific
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Aussie steadies as global PMIs slow
US growth pace slows. Fed Miran signals faster rate reset. Australian business mood sours
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USD falls from one-week highs
Greenback feels the pressure. AUD steadies as RBA flags sticky prices and strong jobs. BoJ hike buzz grows as Yen nears danger zone.
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Aussie, kiwi start week under pressure as US dollar rebounds
US dollar stronger after Fed The US dollar extended its rally for a third straight session on Friday, climbing nearly 2.0% from last week’s lows following the Federal Reserve’s decision. Although the Fed cut rates by 25bps last week, markets slightly scaled back expectations for further easing. Year-end forecasts for the Fed funds rate rose…
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Greenback gains as US shares reach unique record
US sharemarkets pump higher post Fed. Aussie slips as full-time jobs vanish. Powell drives USD/SGD bounce.
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Aussie falls from highs after Fed cuts rates, warns on jobs
USD higher despite Fed’s move. USD/JPY jumps from one-month low as Fed fills final seats. USD/SGD near two-month low as Singapore exports dive.
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Aussie hits highest since November as Fed decision looms
US dollar tumbles ahead of drama-packed Fed decision. AUD/USD hits ten-month high with Miran in the mix. TikTok deal talk lifts sentiment, USD/CNH drops.