Aussie to remain well supported for the time being – Commerzbank AUDUSD RBA Employment Australia Banks
Downside surprise needed for the market to question the expected further rate hike
With the RBA focusing more on inflation last week, which surprised to the upside last month, the labor market would likely have to surprise to the downside for the market to question the expected further rate hike. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD: Euro strength of the next few months should not last – CommerzbankEconomists at Commerzbank discuss EUR/USD direction depending on ECB and Fed policy outlooks. EUR/USD first up, then down We see upside potential for
Read more »
Inflation situation in the US is improving, allowing Fed to pause at tomorrow's meeting – CommerzbankInflation situation in the US is improving, allowing Fed to pause at tomorrow's meeting – Commerzbank Inflation Fed InterestRate UnitedStates Banks
Read more »
Further monetary policy easing in China will continue to weigh on Yuan exchange rates – CommerzbankThe People's Bank of China (PBoC) cut the repo rate by 10 bps. Economists at Commerzbank analyze Yuan (CNY) outlook after the surprising decision. Sur
Read more »
Fed Chair Powell may try his best to make a July hike seem likely – CommerzbankUlrich Leuchtmann, Head of FX and Commodity Research, analyzes USD outlook ahead of FOMC. Currency market should not overlook the obvious contradictio
Read more »
This Aussie TikToker Has Hacked Grill'd Chips At Home And I'm Salivating AlreadyCatch me eating hot chips for breakfast tomorrow.
Read more »
Bus carrying wedding guests in Australian wine region rolls over, killing 10 and injuring 25A bus carrying wedding guests rolled over in Australia’s wine country, killing 10 people and injuring 25, police say.
Read more »