Japanese Yen Appreciates Too Rapidly: Speed Poses Risks

Key insights from the week that was. In Australia, GDP printed broadly as expected in Q4 2024, rising 0.6%qtr to be up 1.3% over the year. On a per capita basis, GDP rose for the first time in two years, albeit by just 0.1%, ending the longest run of consecutive declines on record. While both […]

Key insights from the week that was. In Australia, the RBA’s August meeting minutes again reinforced the Board’s well telegraphed views on the economy. In short, there is “less spare capacity than previously assumed” given stronger momentum in demand and a weaker assessment of potential supply. The Board also noted that financial conditions appeared to […]

EURUSD is holding within a narrow congestion, capped by Fibo resistance at 1.0933 (Fibo 61.8% of 1.1139/1.0601), as markets slowed ahead of key release this week – US inflation report. German ZEW economic sentiment (July f/c 32.6 vs June 41.8) due in a while, would also impact Euro’s sentiment. Technical picture is predominantly bullish on […]