Australian Dollar Rally Continues, Trump Tariffs Loom

Nikkei 225 has undergone a 4-week corrective decline of 10.6% since its 41,088 all-time high printed on 22 March. Nikkei 225 major uptrend phase in place since 4 January 2023 remains intact. BoJ’s recent announcement on its reduction of 5 to 10-year JGBs purchases has led to a spiked up in JGBs yields that implied […]

The dollar continues to rise on speculation of policy changes following the US election. The Dollar Index rose above 105.5 on Monday – its highest level since early July – before easing slightly in trading. The main contributors to the index’s strength are weakness in the single currency and the Japanese yen. In both cases, […]

A big week of central bank decisions is coming to an end with the central bankers bathing in uncertainty of the tariffs and the economic implications of the rapidly escalating trade war. The Federal Reserve (Fed) maintained rates unchanged this week, cut its growth projections, lifted its inflation forecasts, said that a tariff-led pick up […]