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AUD/USD: Constructive path toward 0.75 – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong stay constructive on the Australian Dollar (AUD) despite recent risk-off pressure from higher energy prices. They highlight above-target inflation, resilient domestic activity and a more hawkish Reserve Bank of Australia (RBA) as key supports.
Fxstreet
Tue, Mar 24
CEE MARKETS-Forint pushes higher as Hungary likely to keep interest rates on hold
BUDAPEST, March 24 (Reuters) - The forint edged up in early trading on Tuesday as Hungarian central bankers were expected to keep interest rates on hold later in the day owing to chances of higher inflation amid a global energy price surge.On Tuesday, oil prices rose again as Iran denied it had talk...Reuters
Tue, Mar 24
UK borrowing costs fall for second day on Middle East de-escalation hopes
LONDON, March 24 (Reuters) - British short-term government borrowing costs fell in early trade on Tuesday after a sharper drop on Monday when U.S. President Donald Trump ordered a five-day pause on air strikes against Iranian energy infrastructure.Two-year gilt yields GB2YT=RR were down by around 9 ...Reuters
Tue, Mar 24
Japanese Yen recovers early losses against US Dollar as market sentiment improves
The Japanese Yen (JPY) claws back its early losses against the US Dollar (USD), turning flat around 158.50 during the European trading session on Tuesday. The USD/JPY pair falls back as the US Dollar surrenders its early gains amid improving investors’ risk appetite.
Fxstreet
Tue, Mar 24
AUD/JPY Price Forecast: Falls to near 111.00 near lower ascending channel boundary
AUD/JPY extends its losses for the second successive session, trading around 111.00 during the early European hours on Tuesday. The technical analysis of the daily chart suggests a potential bearish reversal as the currency cross is testing the lower boundary of the ascending channel pattern.
Fxstreet
Tue, Mar 24
AUD/USD Price Forecast: Tumbles below 0.7000, bearish technical signals emerge
The AUD/USD pair tumbles to near 0.6980 during the early European session on Tuesday, pressured by escalating tensions in the Middle East. US President Donald Trump said on Monday that he will postpone his deadline for Iran to reopen the Strait of Hormuz by five days.Fxstreet
Tue, Mar 24
