The Australian dollar took a hit after Australian inflation was lower than expected. In the North American session, AUD/USD is trading at 0.6493, down 0.78%. CPI holds steady at 3.4% Australia’s inflation rate remained steady in January at 3.4% y/y, unchanged from December and below the market estimate of 3.6%. This matched the lowest rate […]
Jan 21, 2025
President Trump’s Initial Actions
In focus today Markets continue to pay close attention to President Trump’s initial actions. It is expected that he will issue a series of executive orders to further build his momentum throughout the week, resulting in US news dominating the headlines. Today, the German ZEW index for January is released. The assessment of the current […]
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