US Dollar: "The more proactive, though less scalable, instigator for the Dollar is changes in monetary policy forecasts. This week docket isn’t shabby for market movers – retail sales, UofM sentiment survey, upstream inflation reports, small business optimism and a July labor conditions aggregate – but none of the offerings carry the mark of a decisive view changer. With the market still not fully pricing a Fed hike until January while the Fed sees two ...
Here in tropical Australia, the saltwater crocodile is a fearsome and intelligent predator known to wait patiently for days or weeks on end until unaware prey come to the water’s edge and become its next meal. Crocodiles are by many accounts the most successful animal that has ever lived; they’ve been around for about 200 million years and have out-lived the Dinosaurs, and they’ve evolved over time to become perhaps the most successful predator on Earth, ...
Aussie Dollar at Risk as US Data, FOMC Minutes Hurt Risk Trends Fundamental Forecast for Australian Dollar: Bearish Lull in Australian Economic News-Flow Puts Spotlight on External Catalysts Upbeat US Data, Hawkish FOMC Minutes to Hurt Aussie Amid Risk Aversion Another quiet week on the Australian economic data front keeps the spotlight on external factors, with the evolving outlook for Federal Reserve ...
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