AUD/USD Gains on Reflation Trade While RBNZ News Dispatches AUD/NZD Lower
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.
NZD/USD, NZD/JPY React as Soaring Treasury Yields Skew Market Risk Profile
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…
Australian Dollar, APAC Markets Focus on Bond Yields to Start March
APAC markets’ March open will look to government bond yields to gauge sentiment. Will the Australian Dollar recover from last week’s sharp drop?
Nasdaq Recovers to Start March as Bond Market Volatility Cools
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.
Markets Week Ahead: Dow Jones, US Dollar, Crude Oil, Fed, Treasuries, NZD/USD, RBNZ
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…
AUD/USD Rate Pullback to Adhere to RBA Interest Rate Decision
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.
Canadian Dollar Forecast: USD/CAD Price Hangs on Reflationary Market Sentiment
The reflation trade is helping to push the oil-linked Canadian Dollar higher as the post-Covid economic outlook clears. The Loonie is reliant on the global economy’s recovery.
US Dollar Fundamental Outlook: All Eyes on Treasury Yields as Stocks Wobble
The haven-linked US Dollar may be in a position to benefit in the short-run as economic recovery bets support longer-dated Treasury yields, making them more competitive with stocks.
Gold Price Forecast: XAU Tanks Hard as Yields, Inflation Fears Climb
Gold prices were crushed this week as yields continued to climb. But with a big spot of support coming in, can buyers bring a bounce ahead of NFP?
Euro Forecast: EUR/USD Outlook Improves as German Bund Yields Rise
ECB policymakers were out in force last week, saying they were watching Eurozone government bond yields, but yields rose anyway, and that’s positive for EUR/USD and the Euro crosses.