Due to the shorter trading week, let’s take a look at how AUD/USD has performed around Easter over the past 30 years. - The Monday before Easter has generated the strongest negative returns, with an average of -0.16% and median of -0.24% - Returns between Tuesday and Thursday ahead of Easter appear to be negligible (random) - The Wednesday following Easter has averaged the strongest returns of 0.11%, whereas the strongest median returns are on the following ...
There’s not a huge amount of top-tier data this week, which will also be cut short to four days due to the long Easter weekend. Of course, the standout event domestically is the monthly CPI report. The RBA still deem inflation as “too high” so softer figures will be welcomed, but we really need to see falling inflation alongside a notably weaker jobs market before we can get too excited about RBA cuts, I my opinion. The fact is that in...
The central banks are currently attempting to walk back the forecasted six rate cuts to none because of strong employment data and higher inflation readings. It’s going pretty well - the markets have repriced back to three rate cuts while still going up. On current data, the central banks have no business cutting rates unless there’s a financial catastrophe requiring it. But they can’t come and say that it’ll tank the equity markets. So we get this song and dance instead :-) $AUD(LIST20039.AU)$$USD/AUD(USDAUD.FX)$$ASX 300(LIST91329.AU)$
USD/AUD Forum
- The Monday before Easter has generated the strongest negative returns, with an average of -0.16% and median of -0.24%
- Returns between Tuesday and Thursday ahead of Easter appear to be negligible (random)
- The Wednesday following Easter has averaged the strongest returns of 0.11%, whereas the strongest median returns are on the following ...
The fact is that in...
It’s going pretty well - the markets have repriced back to three rate cuts while still going up.
On current data, the central banks have no business cutting rates unless there’s a financial catastrophe requiring it. But they can’t come and say that it’ll tank the equity markets.
So we get this song and dance instead :-)
$AUD(LIST20039.AU)$ $USD/AUD(USDAUD.FX)$ $ASX 300(LIST91329.AU)$
Would like to know how to start a trade (Buy/Long or Sell/Short) a position? Where is the Bid & Offer price?
how to buy foxer is no trade button to show here
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