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Week ahead in Forex Markets (Oct 3 – 7), Main focus on RBA, RBNZ’s rate hikes and the US Non Farm payroll data

As we are entering the last quarter of the year, We have major news releases like RBA, RBNZ interest rate decision and the USD’s Non Farm Payroll  Major Economic events RBA’s policy decision (Oct 3, 11:30 pm GMT)The RBA may increase rates by a another 50 basis points. Or, with a 25bps rate hike, will members let off the gas… Read More »Week ahead in Forex Markets (Oct 3 – 7), Main focus on RBA, RBNZ’s rate hikes and the US Non Farm payroll data

Euro at 20-Year Lows

The euro continued losses below the $1 parity level, holding near its lowest level since 2002 after Russian President Vladimir Putin declared a partial military mobilization in Russia, which the West views as an escalation. On the monetary policy front, all eyes are on the US Federal Reserve’s statement later today, with Fed policymakers expected to deliver a 75 basis… Read More »Euro at 20-Year Lows