AUD/USD loses traction to near 0.6730 in Monday’s early Asian session. The weaker Chinese economic data undermines the China-proxy AUD. The US PPI supports expectations of a Fed rate cut next month. The AUD/USD pair attracts some sellers to around 0.6730 and during the early Asian session on Monday. TheContinue Reading
Hundreds of hours of research and 73 pages of notes—that’s what it took for Aprilynne Alter to multiply her subscriber count by 12 times in 30 days! By the time you finish reading this post, you’ll know how she did it, too. More importantly, you’ll have actionable steps that youContinue Reading
At current levels, sentiment is 8% stronger than a year ago and roughtly 40% above the bottom that was reached back in June 2022. Current Economic Conditions declined from 63.3 in September to 62.7 in October, while Index of Consumer Expectations decreased from 74.4 to 72.9. The University of MichiganContinue Reading
The Airbus logoPhoto: Johanes P. Christo/NurPhoto (Getty Images) In This Story Airbus (AIR) might be nervously looking over its shoulder if it weren’t for a nearly month-long machinist strike at its arch-rival Boeing (BA). The French planemaker announced that it delivered 50 commercial airliners in September, a sharp slowdown fromContinue Reading
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There is a lot of talk about AI’s impact on digital marketing, but you need data to know if that talk is accurate. While there is a lot of data about it available, much is two or more years old. The speed of AI evolution since ChatGPT was unveiled inContinue Reading
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USD/JPY retreats after touching its highest level since August 16 amid intervention fears. Reduced bets for more BoJ rate hikes and an oversized Fed rate cut should lend support. Any meaningful corrective slide could be seen as a buying opportunity and remain limited. The USD/JPY pair struggles to capitalize onContinue Reading
Israel bombed targets in Lebanon and the Gaza Strip on Sunday ahead of the one-year anniversary of the October 7 attacks that sparked its war, as Israel’s defense minister declared all options were open for retaliation against arch-enemy Iran, per Reuters. Market reaction At the time of press, the XAU/USD pair was down 0.14% onContinue Reading
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, on Monday, warned against speculative moves on the foreign exchange (FX) market as the Yen fell below 149 per dollar, per Reuters. “We will monitor currency market moves including speculative trading with a sense of urgency,”Continue Reading
