February 14, 2022 10:12 am
Following its sharpest daily increase in almost 2 years on Friday, USD/RUB was mostly steady at the start of the new week, while Russian shares plunged for a second straight session on renewed concerns over an imminent aggressive move by Russia against Ukraine. Russia has massed over 100,000 troops near its border with Ukraine, has […]
Read moreFebruary 8, 2022 9:37 am
AUD/USD was holding prior-session gains on Tuesday, supported by improved risk sentiment in global stock markets and higher commodity prices. “We stick to the view that the A$ should remain capped by the $0.7140/70 level given the very different stance that the RBA is maintaining versus a wide range of other central banks,” Richard Franulovich, […]
Read moreFebruary 7, 2022 10:48 am
USD/RUB registered a fresh three-week low on Monday, as the Russian currency was underpinned by rising Brent oil prices ahead of the highly anticipated meeting between President Vladimir Putin and his French counterpart Emmanuel Macron. Macron is expected to visit Moscow today after holding talks over the weekend with US President Joe Biden in a […]
Read moreFebruary 1, 2022 9:27 am
AUD/USD extended a rebound from recent 18 1/2-month trough on Tuesday despite a dovish policy outlook by the Reserve Bank of Australia as risk sentiment improved worldwide. The RBA kept its official cash rate intact at a record low level of 0.10% for the 14th consecutive month during its policy meeting earlier on Tuesday, in […]
Read moreJanuary 31, 2022 10:20 am
USD/RUB extended losses from last week and traded not far from a fresh one-week low on Monday after Russia demonstrated readiness to continue negotiations with Western nations over the Ukraine crisis. The exotic pair scaled a near 15-month high last Wednesday amid rising tensions between Kremlin and the West, which has promised to impose new […]
Read moreJanuary 25, 2022 10:44 am
AUD/USD was trading not far from recent one-month lows on Tuesday, as global stock markets were deep in the red amid continuing geopolitical tensions and global growth concerns. The Aussie dollar almost ignored a report showing a sharper-than-expected increase in Australia’s CPI inflation in Q4, briefly rising to $0.7178. Australia’s core inflation was reported at […]
Read moreJanuary 24, 2022 10:24 am
USD/RUB touched a fresh 14 1/2-month high on Monday and Russian shares extended Friday losses amid broad risk aversion in the market due to a stand-off between Moscow and the West over Ukraine. Geopolitical tensions have been increasing over the past several months after Russia bolstered its military presence near the Ukraine border, which Western […]
Read moreJanuary 19, 2022 10:05 am
The Australian dollar remained under pressure on Wednesday due to recent strength of its US counterpart, as markets have moved to price in at least four rate hikes from the Federal Reserve in 2022. The greenback has remained firm against major peers on the back of surging Treasury yields ahead of the FOMC meeting next […]
Read moreJanuary 18, 2022 10:44 am
USD/RUB gained over 0.7% on Tuesday while the MOEX benchmark stock index plunged to lows not seen since March 25th 2021 amid continuing geopolitics-related concerns and worsening health situation due to the rapid Omicron spread. The Russian currency has been facing geopolitical pressure since last October due to Russia’s military build-up near Ukraine. Moscow has […]
Read moreJanuary 11, 2022 10:50 am
AUD/USD was a notch stronger on Tuesday, but remained stuck within a narrow daily range, since a hawkish US interest rate outlook outweighed recent upbeat macro data from Australia. Retail sales in Australia were reported to have risen at a monthly rate of 7.3% in November, which far exceeded a consensus of analyst estimates of […]
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