Topic: Market Insights
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Dollar steady as risk sentiment wavers
Euro has sentiment on its side while UK growth worries put a lid on sterling. USD/CAD rises to 1-week highs.
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Volatility eases but FX still sensitive to rate expectations
Dollar cushioned by falling rate-cut bet; are UK interest rates to peak at 5%? Euro shrugs at plunge in producer prices.
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Aussie lower as markets await RBA restructure
RBA governor Philip Lowe to speak on the announcement at 12.00pm AEST.
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Dollar sought as market mood sours
Euro slips to bottom of weekly range; sterling singed by hot UK inflation; and risk aversion knocks C$ to 1-week lows.
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Case strengthened for another BoE rate hike
UK inflation sticks above 10%; Fed’s battle against markets, and the euro brushes off German morale decline.
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Aussie boosted by China GDP
China announced stronger than expected economic growth, boosting the AUD and NZD while other markets turn cautious.