The Australian Dollar appears unimpressed following a generally upbeat AU jobs report. Earlier Wall Street sentiment appears to be driving action, for now.
Wall Street moved lower on Thursday as rising Treasury yields pressured equity prices. Still, the risk-sensitive New Zealand Dollar appears poised for gains with a bullish technical picture.
APAC equity prices may face some pressure from rising government bond yields as the reflation trade continues to gain steam. Meanwhile, AUD/USD and AUD/NZD appear set to move higher.
The Canadian Dollar extended gains as Fed Chair Jerome Powell quelled market volatility. Japan’s Nikkei 225 may gap lower, with NZD/USD eying the RBNZ during the APAC session.
The Australian Dollar is pushing into fresh highs versus the Greenback, but RBNZ news is bolstering the New Zealand Dollar, with AUD/NZD moving sharply lower.
A bloodshed day across Wall Street may spill over into APAC equities as sovereign government bond yields track Treasury rates higher. NZD/USD and NZD/JPY may see some relief and move higher after s…
The Nasdaq Composite moved higher to start the month as moderating government bond yields allowed sentiment to return to markets. Today’s focus will be on the RBA rate decision.
Market sentiment was a mixed bag as the Dow Jones gained but the Nasdaq Composite weakened. Crude oil prices turned lower. All eyes are on Fed Chair Jerome Powell amid rising longer-term Treasury r…
The Reserve Bank of Australia (RBA) rate decision may spark a bullish reaction in AUD/USD as the central bank is expected to retain the current course for monetary policy.