About: davin

Recent Posts by davin

Ahead of Tuesday’s RBA decision, AUD/USD stays near 0.7200, steady, as traders await a likely hike

AUD/USD hovered near 0.7200 as markets awaited RBA decision; inflation, Middle East risks, and Fed outlook watched.

Makhlouf warns prolonged Middle East conflict uncertainty could keep energy prices elevated for longer, Reuters reports

Makhlouf warned Middle East conflict uncertainty may keep energy prices high; ECB watches inflation expectations, wages, and costs.

During Europe’s session, Sterling slips slightly versus major peers, trading near 1.3590 against the US Dollar

Sterling dipped near 1.3590, but stayed firm as investors expect Bank of England rate hikes soon.

Cleveland Fed President Beth Hammack dissented, arguing rising economic and policy uncertainty makes an easing bias inappropriate

Cleveland Fed’s Hammack dissented, saying easing bias is outdated as inflation risks rise amid resilient economy.

Iran, via Pakistani mediators, reportedly delivered Washington a fresh peace plan and amendments response, citing sources

Iran proposed ending war, responding to US amendments via Pakistan; dollar fell, futures mixed after headline.

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