The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.
Archiv für den Monat: Juni 2021
Bitcoin (BTC), Ethereum (ETH), Alt-Coins – Beware of Weekend Volatility
The 24/7 cryptocurrency market needs to monitored closely over the coming long weekend with volatility levels still high
Gold Forecast Bright on Weak USD; Silver Eyes Multi-Year High
Gold price action advanced for its fourth-week straight as silver soared to multi-year highs thanks to a stubbornly weak US Dollar. Will gold and silver prices rise further or will Fed hawks stymie…
Eurozone May preliminary CPI +2.0% vs +1.9% y/y expected
Latest data released by Eurostat – 1 June 2021
Core inflation meets estimates and is keeping just under 1%, so that might not raise too many eyebrows at the ECB just yet but watch for the trend in the months ahead.
Core inflation meets estimates and is keeping just under 1%, so that might not raise too many eyebrows at the ECB just yet but watch for the trend in the months ahead.