Identifying a singular driving theme proves challenging In today's forex market. Japanese Yen made an attempt to rebound following BoJ Governor Kazuo Ueda's post-meeting press conference, where he hinted at the potential of a future rate hike. However, this rebound was short-lived, and Yen soon reverted to its familiar tight trading range, indicating that the market is uncertain on when the anticipated rate move would happen. Dollar, despite being lower on the performance chart, is showing signs of gaining momentum against European majors as the market enters into the US session.
Stocks in Hong Kong surged amid reports that Chinese authorities are considering a range of measures to help stabilise equity markets after a significant period of weakness. The US dollar extended its 2024 gains
The Reserve Bank's chief economist will be speaking on economic developments a month before the first scheduled OCR announcement for the year in a move clearly aimed at guiding the markets after December's shock GDP fall
Harbour Asset Management's Hamish Pepper explains why Harbour has adjusted its view as a fund manager after the RBNZ MPS and how it has reflected that in its positioning
This Thursday’s GDP data is expected to show the economy kept growing in the September quarter. Economists expect a relatively low quarterly growth figure of.