Week Ahead – Rate Hike Bets Face a Crucial Data Week
Oil remains in the driver's seat as geopolitical uncertainty persists.
US dollar gains as focus shifts to key US data and Fedspeak.
Euro...
Dollar Pares Weekly Gains as Yen Rebounds on Intervention Signals
Today's themes:
Dollar: gave back part of this week's yield-driven rally, weaker against EUR, JPY, GBP, CHF, AUD and NZD (CAD the exception), but...
AUD/USD Tests 0.7000 as Markets Look Beyond an Almost Certain RBA Hike
The Australian Dollar is the week’s worst-performing major currency even with a September RBA hike to 4.60% essentially fully priced—the weakness reflects position lightening ahead of uncertain vote composition and guidance, not doubt about the hike itself, with AUD/USD now testing 0.7006 support.
Gold Survived the Yield Shock. Can It Survive Yields Staying Above 5%?
Gold has held its 4,230.70 support through a sharp Treasury yield surge to multi-decade highs, but the real test isn’t whether it can absorb a short-lived spike—it’s whether that support survives a sustained regime with the 10-year yield staying above 5%.
