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About: davin
Recent Posts by davin
A tactical long position in gold has been opened by TD, targeting $3,650 per ounce
TD Securities goes long on gold, targeting $3,650/oz amid Middle East tensions and geopolitical uncertainty.
Attention AUD traders: RBA’s David Jacobs will discuss Australia’s bond market today in Tokyo
RBA’s David Jacobs to discuss Australia’s bond market today at global forum amid market volatility.
Consumer inflation expectations in Australia have risen to 5%, up from 4.1% last month. The AUD has underperformed against other currencies, while EUR, GBP, JPY, and CHF have strengthened against the USD. CAD remains stable, while AUD and NZD show weakness
Australian inflation expectations rise to 5%, AUD underperforms, RBA plans multiple rate cuts into 2026.
In Asia, the USD faces pressure due to easing trade tensions and anticipated Fed rate cuts, with EUR/USD rising
USD weakens amid eased trade tensions and Fed rate cut expectations; EUR/USD hits seven-week high.
The USD/CNY reference rate is anticipated at 7.1703, set by the People’s Bank of China
PBOC to set USD/CNY midpoint at 7.1703, allowing yuan limited fluctuation within +/-2% band.
