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Source: Forexcom News Agency
4 weeks ago
Forex Medium Importance
AUD/USD, ASX 200: Household Spending Bolsters RBA Hike Bets

AUD/USD, ASX 200: Household Spending Bolsters RBA Hike Bets

Australian household spending strengthened again in July, adding another piece of evidence to the case for a September RBA hike. With inflation, construction activity and consumer spending all pointing to firmer domestic conditions, the Australian dollar has found renewed support while the ASX 200 remains under pressure.

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AUDUSD AUD/USD
Source: Forexcom
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Source: Invezz News Agency
4 weeks ago
Forex Medium Importance
USD/JPY forecast ahead of Warsh Jackson Hole Speech as BoJ official hints at hikes

USD/JPY forecast ahead of Warsh Jackson Hole Speech as BoJ official hints at hikes

The USD/JPY exchange rate wavered today, August 27, as traders waited for the upcoming Kevin Warsh statement at the Jackson Hole Symposium in Wyoming. It also wavered after the US published the latest PCE and GDP numbers.

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USDJPY USD/JPY
Source: Invezz
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Source: Forexcom News Agency
4 weeks ago
Forex Medium Importance
Gold Falters at Resistance, Grappling With PCE, Month-End Flows and Jackson Hole

Gold Falters at Resistance, Grappling With PCE, Month-End Flows and Jackson Hole

Gold has enjoyed a strong month, but momentum has started to falter after the rally stalled near resistance. Sticky US inflation and firm growth data supported the US dollar, while month-end flows and Kevin Warsh's Jackson Hole speech add further near-term risk.

Source: Forexcom
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