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Category: Forex Short News

Forex Short News
Forex Short News

Australian March building permits -8.8% m/m (expected -0.6%)

Posted onMay 6, 2025

Australian March 2025 Building Permits -8.8% m/m expected -0.6%, prior -0.3% For the y/y +13.4% prior +25.7% Also out were data for Australian Household Spending …

Forex Short News
Forex Short News

USD/JPY back above 144.20

Posted onMay 6, 2025

The US dollar is broadly higher against Asian FX despite the People’s Bank of China setting USD/CNY at its strongest (for the CNY) since April …

Forex Short News
Central Banks, Forex Short News

PBOC sets USD/ CNY reference rate for today at 7.2008 (vs. estimate at 7.2518)

Posted onMay 6, 2025

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …

Forex Short News
Forex Short News

New Zealand data – April ANZ World Commodity Price Index 0% m/m (prior -0.4%)

Posted onMay 6, 2025

ANZ World Commodity Price Index for April 2025, unchanged m/m In NZD terms the index fell 1% m/m – As part of this report each …

Forex Short News
Forex Short News

USD pops a little higher in Asia morning trade

Posted onMay 6, 2025

EUR, AUD, GBP. JPY, NZD, CAD, CHF … the USD is up across the majors board. Apart from what has already been posted there is …

Forex Short News
Forex Short News

UBS sees S&P 500 hitting 5,800 by year-end, citing easing tariffs and Fed cuts

Posted onMay 6, 2025

UBS says the medium-term outlook for U.S. equities is turning more constructive, even as market volatility is expected to persist in the near term. Via …

Forex Short News
Forex Short News

Australia – Westpac CEO says the ‘Worst is behind us’ across consumer and business stress

Posted onMay 5, 2025

Westpac CEO says the ‘Worst is behind us’ across consumer and business stress also: Finance demand for M&A pipeline is stronger than expected I’m not …

Forex Short News
Central Banks, Forex Short News

ICYMI – National Australia Bank (NAB) revised its year-end AUD/USD forecast higher to 0.70

Posted onMay 5, 2025

National Australia Bank (NAB) has revised its year-end AUD/USD forecast higher to 0.70, citing a prolonged bear market for the US dollar. The bank’s FX …

Forex Short News
Forex Short News

Mentions of “recession” on S&P 500 earnings calls have surged to highest level since 2023

Posted onMay 5, 2025

Mentions of “recession” on S&P 500 earnings calls have surged to their highest level since 2023, according to company transcripts tracked by analysts. The spike …

Forex Short News
Forex Short News

US equities – Retail investors pile in, but can retail alone ignite a bull market?

Posted onMay 5, 2025

Retail investors poured a record $40 billion into equities in April, according to JP Morgan, marking the largest monthly inflow on record. The surge underscores …

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