Forex

RBA Governor Bullock says too early to judge US election, tarrif implications

Reserve Bank of Australia Governor Bullock testimony to parliament Senate committee Comments: premature to assess impact of US election outcome too early to assess tariff …

By admin

November 6, 2024

Central Banks

MUFG says GBP is less vulnerable to Trump tariffs than others

November 6, 2024

Analysts at MUFG say sterling is less vulnerable to tariffs than the currencies of other G10 countries. They cite the predominance of UK services and …

Central Banks

Brasil’s central bank has hiked its benchmark rate by 50bp to 11.25%, as expected

November 6, 2024

Banco Central do Brasil Monetary Policy Committee (Copom) decision: Decision was unanimous.Pace of future interest rate adjustments and total magnitude of the cycle will be …

Cryptocurrency

Japan looks to tighten cryptocurrency exchanges (websites) asset rules

November 6, 2024

Japan’s financial watchdog looks to put legal curbs in place to prevent foreign cryptocurrency exchanges from taking domestic assets overseas. This is intended to protect …

Cryptocurrency

The strong finish for bitcoin is a powerful signal

November 6, 2024

In crypto, you always have that lingering feeling that a rug pull is right around the corner and that big gains are about to evaporate. …

Central Banks

BOC’s Rogers highlights risks around higher rates after US election

November 6, 2024

There are goign to be policy changes to taxes, to trade, to immigration in the US that could lead to economic growth, which could lead …

Technical Analysis

EURUSD moves down toward triple bottom in June and bounces. Sellers still in control.

November 6, 2024

The EURUSD moved higher before the results of the election started to trickle in. The price moved up to test the 100-day MA and the …

Central Banks

Nomura now sees just one Fed rate cut in 2025 after Trump win

November 6, 2024

Nomura anticipates that the Fed will respond cautiously to a Trump administration focused on tariffs and tax policies, which could be inflationary and growth-dampening. The …