- From channelnewsasia.com|5 hr ago|1 comment
The dollar eased on Tuesday from its rally at the start of the week, but hovered near a one-month peak as traders raised their forecasts of U.S. Federal Reserve interest rate levels needed to tame inflation. The Australian dollar, meanwhile, surged in the aftermath of the Reserve Bank of Australia's (RBA) interest rate decision, rising as much as 1 per cent ...
- From business.nab.com.au|10 hr ago|1 comment
Friday’s violent market moves in the wake of both the eye-poppingly strong US employment report and sharp bounce in the Services ISM survey, have extended overnight. US Treasury yields are 15bps higher at 2-years and 10bps at 10-years, US stocks are entering the last hour of NYSE trade down about half a percent and the USD is 0.6-0.7% stronger in index ...