• Austrailian Dollar is reching a five-month peak

    The EUR and GBP are on a rally, as the Dollar is still in a slump. AUD/USD is rushing to new heights and will likely grow even more, as soon as unemployment is under control.

  • RBA stays put on monetary policy

    RBA head Glenn Stevens says the board of directors decided to stay put on cutting rates as it squares with stable economic growth and steady inflation targets.

  • ADP shows positive changes in US labor market, NFP is in limelight

    All the estimates seem to be slightly behind the forecasts as the results are slowly coming in.

  • USD strengthens ahead of US CPI, Aussie growth might create risks for economy

    The rout on equity markets because of falling has Oil resumed today, sending Yen to a substantial rally against EUR and USD.