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German ZEW Survey Overview The ZEW will release its German Economic Sentiment Index and the Current Situation Index at 0900 GMT in the EU session later this Tuesday, reflecting institutional investors’ opinions for the next six months. The headline Economic Sentiment Index is expected to come in at

Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said on Tuesday, “the Australian Dollar (AUD) has been a well-functioning 'natural' hedge for global risk assets.” Additional quotes Uncertainty obviously remains high. But predictions of the death of the US dollar and Australian hedging

The US Dollar Index slides to near 97.20 as an interest rate cut from the Fed on Wednesday seems a done deal.Market experts believe that the Fed will deliver two more interest rate cuts this year.Investors await key US Retail Sales data for August. The US Dollar Index (DXY), which tracks the Greenba

1) Federal Reserve rate decision – 17/09 – the calls for the Federal Reserve to deliver a rate cut have gotten louder in recent weeks after August payrolls came in below expectations at 22k, the lowest point since November last year. In reality the pressure had already been building prior to that gi

Markets The highly awaited BLS payrolls benchmark revision yesterday triggered somewhat of a remarkable buy-the-rumour, sell-the-fact reaction. With a downward revision of April 2024-March 2025 payrolls growth by 911k, the revision was bigger than expected and suggested that the US economy was alrea

Gold held near historic levels on Monday, trading around 3,590 USD per ounce, bolstered by a softer-than-expected US labour market report for August. Employment growth fell short of forecasts, while the unemployment rate climbed to its highest level since 2021. This has reinforced market expectation

Australian Dollar gains ground ahead of the release of China’s Trade Balance data on Monday.The AUD appreciates as last week’s robust July Trade Surplus and stronger Q2 GDP data reduced RBA rate cut bets.The US Dollar softened after downbeat August jobs data strengthened expectations of Fed rate cut

Gold (XAUUSD) remains steady near the $3,500 mark as markets weigh shifting Fed expectations and growing geopolitical risks. Recent signs of market stability triggered short-term selling, but buyers quickly stepped in. A cooling labor market and legal uncertainty around U.S. trade policy have added

EUR/GBP appreciates as the Eurozone inflation is expected to remain steady at ECB 2% target rate in August.ECB board member Isabel Schnabel sees no justification for another rate cut.The Pound Sterling may gain ground amid decreasing odds of further BoE rate cuts. EUR/GBP has recovered its recent lo

USD/CHF extends losses after Powell signals rate cuts, boosting Swiss Franc’s safe-haven appeal.Pair consolidates between support and 50-day SMA, with RSI indicating sideways momentum.Break below support exposes further downside, while resistance capped by 100-day SMA. USD/CHF extended its downtrend

The New Zealand Dollar retreats from Monday's highs against the USD, weighed by risk aversion.The Dollar regains lost ground as Fed Governour Cook dismisses Trump's order to remove her.Concerns about the Federal Reserve's independence are likely to hurt the USD in the longer run. The New Zealand Dol