Forex

Forex

CoreLogic data
Annual growth is now at it quickest in 6 years
– +11.7% y/y
– Sydney and Melbourne leading the way (no change there), +18.4% and +13.1% y/y respectively
Not a forex mover, but underlining RBA concerns and a factor that will weight again…

The post Australia house price index for February +1.4% m/m (prior +0.7%) appeared first on Forex news – Binary options.

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Bank of Canada interest rate decision is due at 1500 GMT (10 am ET) on Wednesday, March 1
To be clear, the Bank of Canada isn’t going to make a move on Wednesday. Economists are unanimous and the OIS market is barely humoring the possibility.

The post Preview: What to look for in Wednesday’s Bank of Canada decision appeared first on Forex news – Binary options.

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Fed’s Dudley steals the show
The Fed’s Dudley wasn’t even on the calendar today but he stopped by CNN International, dropped a hawkish hint and sent the market in a tizzy.
The post Fed hike odds jump on Dudley comments. USD/JPY setting up for a big gai…

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US dollar jumps as Dudley drops hawkish hint
Three Fed members have dropped hawkish hints in the past hour. The first two were Harker and Williams. Harker has been pushing for hikes for some time and his comments didn’t add much new but Williams seemed…

The post The Fed is on a communications offensive appeared first on Forex news – Binary options.

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Dudley appearing on CNN International
– No question sentiment has improved markedly
– We haven’t yet seen much of the improvement in confidence filter through to the economy
Another hawkish salvo from someone at the Fed who is usually on the patient si…

The post Fed’s Dudley: Case for rate rise is more compelling appeared first on Forex news – Binary options.

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