Australian Dollar

Forex was roughly stable Friday night as new US inflation figures were strong but did not beat estimates, DXY and EUR are stalled as a pair: The Australian dollar is still the key support turned resistance line.

The forex market was stable last night.

Good economic and political news overnight pushed stock markets higher as we near the end of the trading week and the triple witching month/quarter/year.

Steady as she goes for risk markets here in Asia, with stocks largely unchanged except locally with the ASX200 continuing its pre-holiday selloff.

The forex market was quiet last night as DXY held its ground and EUR eased.

Asian stock markets are mixed with a lack of a co-ordinated rebound in response to the buy the dip rally on Wall Street with local shares affected by more COVID restrictions, while risk currencies remain stalled in the wake of still strong USD.

Risk markets remained upbeat again overnight but with more modest sessions as the bounceback from the Fed’s seismic shift continues.

Forex continued its calming reversal last night as Fed chairman Jay Powell hosed the inflationistas.

Its not quite fully risk back on yet, although Asian share markets are in the main rebounding in response to a big buy the dip rally on Wall Street overnight, while risk currencies remain stalled in the wake of still strong USD.

Since Bitcoin is just some made-up scam, it is more than fair to make up important reasons for why it is crashing.

Risk is back as oversold stock markets regained confidence overnight, helped along by ECB’s Lagarde’s comments about changing policy settings too soon.

Forex markets reversed last night as Fed tapering fought rising oil over the future of inflation.

Nordea with the note: It seems as if chair Powell is already running for the hills in the average inflation targeting relationship.

The hawks are squawking as stock markets fell across the risk complex on Friday night with continued fallout from the recent US Federal Reserve meeting.

Forex markets have comprehensively puked their recent funk into a period of volatility and the Australian dollar is covered in stink.

Asian share markets are finishing the week in mixed fashion yet again, echoing similar moves on Wall Street as seismic shift in Federal Reserve intentions continues to resonate throughout risk markets.

Nordea with the note: A relatively aggressive dot-plot makes for a hawkish read-through to a potential tapering time-plan towards the end of this year.

Share markets were largely contained as the USD extended its gains against the majors following the latest US Federal Reserve meeting.

Sometimes markets are like taking candy from babies.

Asian share markets have reacted in mixed fashion to the overnight moves on Wall Street as the latest Fed meeting transmits a more hawkish approach sooner.

A seismic shift in risk markets overnight with the US Federal Reserve moving its so-called dot plot into the affirmative for more rate hikes, sooner than expected.

Policy error time.

Asian share markets are mixed again with Chinese bourses continuing to fall, with Japanese stocks joining in while local issues are unchanged.

Forex last night was a reflection of weakening US data, fading inflation and diving commodities.