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About: davin

Recent Posts by davin

Supported by upbeat Chinese inflation, AUD/USD edges up near 0.7040, though USD strength caps increases

AUD/USD rose near 0.7040 as strong China CPI/PPI boosted AUD, but USD demand capped gains.

Despite supportive rate expectations, the Euro weakens against the Dollar as markets prioritise heightened geopolitical risks

EUR/USD slipped 0.5%, bearish momentum persists amid geopolitical risks; support 1.1520-1.15, resistance 1.1650, range-bound.

TD Securities says the Federal Reserve will pause, awaiting clarity amid Iran tensions and mixed US labour data

TD Securities expects Fed to hold rates near term, then cut starting June amid uncertainty.

BNP Paribas expects the euro to strengthen against the dollar as Europe grows and US fiscal policy shifts

BNP Paribas forecasts EUR/USD at 1.20 by Q4 2026, driven by stronger eurozone growth, policy shifts.

As oil jumps 9%, US shares begin 1% down, though the decline might have been worse

US stocks fell as oil surged on Hormuz closure; Saudi cuts, Hims deal rallied, inflation fears grew.

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