FUNDAMENTAL ANALYSIS John Nguyen AUD/USD The Australian Dollar has been volatile lately, ending the week 0.10% higher to trade at 0.694 due to conflicting economic factors causing price action to fluctuate wildly. On the upside, oil and coal have increased in price which has helped to improve our terms of trade. However, there has been … Read more
FUNDAMENTAL ANALYSIS Jason Chen AUD/USD On Friday 10th June, the US Bureau of Labor Statistics released its CPI data for May, which revealed that the headline figure had risen by 1% month-on-month and that the annualised rate of inflation increased to 8.6%, the highest level since 1981. To combat surging inflation, the Federal Reserve has … Read more
FUNDAMENTAL ANALYSIS William Lun EUR/USD After a hawkish turn from the European Central Bank (ECB) these past three weeks, the Euro has finally failed to meet the rising bar for further upside repricing. This can be seen at the ECB meeting on June 9, which reiterated hawkishness from the ECB but ultimately failed to lift … Read more
FUNDAMENTAL ANALYSIS AUD/USD The Australian Dollar has pushed 0.79% higher against the greenback over the past week to trade at around 0.7219. The continued strength this week has been attributed to a better than expected trade surplus result ($10.5bn surplus vs $9.0bn surplus expected) and GDP growth figures (3.3% vs 3.0% expected). The state of … Read more