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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
AUD/CAD: Two Hawkish Central Banks, One Triangle Left to Break

AUD/CAD: Two Hawkish Central Banks, One Triangle Left to Break

The Aussie enters this week with genuine hawkish backing. RBA Assistant Governor Christopher Kent reaffirmed that tighter policy is working as intended, with markets now pricing roughly a 70% chance of one final hike to 4.60% by early next year, even as inflation eased below forecasts last quarter.

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Source: Action Forex
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Source: ExchangeRates News Agency
1 month ago
Forex Medium Importance
Pound to Dollar Price News, Forecast: GBP Eyes $1.36 as Fed Bets Fade

Pound to Dollar Price News, Forecast: GBP Eyes $1.36 as Fed Bets Fade

GBP/USD could extend its three-month high if stronger UK jobs data boosts BoE rate expectations, while softer US employment keeps the US Dollar under pressure. The Pound US Dollar (GBP/USD) exchange rate edged higher at the start of this week, striking its best levels since mid-May amid a further dovish repricing of Federal Reserve.

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GBPUSD GBP/USD
Source: ExchangeRates
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