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AU employment data leaves no room for RBA easing: AUD/USD, AUD/CHF

Over the past few hours we have seen the Fed hint at multiple cuts this year, and Australian employment data outperform to send AUD/USD above 66c.

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Asian Open: China’s GDP in focus today

The consensus view is for growth to have slowed in China’s GDP report today, leaving some to speculate that more stimulus could follow.

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Risk-off in stocks flows into safe haven currencies

The Swiss Franc and the Japanese Yen are considered safe haven currencies

December 2, 2021 10:41 AM

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Asian Open: Fed Chair Announcement Pushed Back

Whilst Joe Biden did not announce his decision for the Fed Chair “within four days”, a Whitehouse spokesman says it will be announced before Thanksgiving on Thursday.

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Asian Open: Pound Sinks Post-BOE, AUD/CHF Falls to 4-week Low

The Bank of England (BOE) became the second central bank to catch out hawkish bets this week, behind the RBA – and both events continue to weigh on their respective currencies.

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