Australia: April Monthly CPI Indicator

The USD/JPY and EUR/USD currency pairs are showing moderate corrections. Market participants are locking in profits and shifting to a wait-and-see approach after the release of the Federal Reserve’s meeting minutes, in which the regulator reaffirmed its commitment to the current interest rate levels amid uncertainty about the macroeconomic outlook. In the coming trading sessions, […]

Markets The Japanese Cabinet Office downgraded its growth assessment for the first time since November in today’s monthly report. Weakness in private consumption and production are to blame. The economic recovery is likely to remain tepid after unexpectedly slipping in recession in H2 2023. The first downgrade of production in almost a year comes as […]

The AUD/USD pair fell to 0.6257 on Tuesday, marking its second consecutive session of losses. The Australian dollar remains under pressure due to external factors, including a strengthening US dollar and growing global risks. Key drivers behind the AUD decline The US dollar has gained strength following renewed threats from US President Donald Trump to […]