Forex Free Trading Tips
Tomorrow the RBA will decide on interest rates. The July inflation indication provided by the Melbourne Institute has come down to 1%Y from 1.5%Y in June. Australia’s import prices are falling rapidly, with China's RMB-TWI depreciation playing in.
Should Read More →
The US dollar nursed its wounds on Monday after dropping sharply on Friday following disappointing US growth figures. The yen took a breather on Monday after it recorded large gains following the Bank of Japan's decision to introduce a much Read More →
USD: Lower USD for Now. Bearish.
This week's Fed meeting has done little to change our view that USD is likely to remain weak in the coming months. While the Fed inserted a line about diminished risks, this is Read More →
USD looking south: The Fed has little to gain by hiking rates early. Hence, we regard the recent rise in real US yields that has supported the 4% USD rally seen since May as unsustainable. Our long-held framework suggesting a Read More →
