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<p>RBA left cash rate unchanged at 0.25% as widely expected. It also reaffirmed the 0.25% target for 3-year government bond yield with asset purchases. The central bank also said that it “will not increase the cash rate target until progress is being made towards full employment and it is confident that inflation will be sustainably [&h

<p>Australia AiG Performance of Services Index dropped from 43.0 to 38.7 in March. That’s the lowest level since March 2009 and the fourth month of contracting results. AiG said, “the services sector is now entering a difficult period of pandemic-related closures and adjustments from a base already weakened by summer’s bushf

<p>Australian dollar jumps broadly today after RBA kept monetary policies unchanged as widely expected. Aussie is additionally helped by the strong rally in US stocks overnight, even though the rise in Asia markets is relatively muted. Also, China, the origin of the coronavirus pandemic, is set to end the lockdown of Wuhan. New Zealand Dollar

<p>The US 500 cash index has been developing within a narrow range over the last two weeks with upper boundary the 38.2% Fibonacci retracement level of the down leg from 3,396.64 to 2,173.95 at 2,646 and lower boundary the 2,440 support level. The momentum indicators are pointing to a neutral to positive bias in the short […]

<p>After a continuous decline, the major currency pair is reaching stability early in the new April week; it is trading at 1.0810. The statistics published by the USA last Friday showed exactly what it was expected to. The Unemployment Rate went from 3.5% in February to 4.4% in March, which is worse than expected, 3.8%. […]

<p>WTI oil regained traction and rose above $28 mark in European trading on Monday, following gap-lower opening in Asia. Oil started week at $26.07 after closing on Friday at $28.73, as traders feared further deterioration of the conditions after Saudi Arabia and Russia delayed a key meeting in which they are expected to discuss production [&

Data released on Monday showed a significant decline in business confidence in Canada during March. Krishen Rangasamy, analysts at the National Bank o

The Mexican peso opened the week falling across the board following Mexican President Andres Manuel Lopez Obrador (AMLO) announcements during the week

EUR/USD is under pressure below the 1.0900 figure while trading below the main DMA (daily simple moving average) as DXY (US dollar index) is consolidating gai

There is a considerable deterioration in households' expectations regarding their labor market and financial situation in March across all age, educat