Will the RBA Hike Rates on Tuesday?
The AUD/USD pair recovered on Monday, but markets are anxious ahead of the Reserve Bank of Australia’s (RBA) interest rate decision.
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By Katie Oliver
The AUD/USD pair recovered on Monday, but markets are anxious ahead of the Reserve Bank of Australia’s (RBA) interest rate decision.
By Katie Oliver
On Wednesday, the value of the US dollar increased amidst concerns about a potential US debt default.
By Katie Oliver
GBP/USD recovered after taking a break during the UK holiday on Monday.
By Katie Oliver
It is widely anticipated that on Wednesday, Federal Reserve officials will raise borrowing costs by a quarter of a percentage point, marking the 10th consecutive rate increase since March 2022. However, there is speculation among investors and economists that this may be the central bank’s final action before taking a pause. The US dollar has…
By Katie Oliver
On Tuesday, the Japanese yen weakened against the US dollar after the new Governor of the Bank of Japan (BoJ) indicated a cautious stance
By Katie Oliver
Before the end of the week, the exchange rate between the pound and New Zealand dollar increased to its peak level since October.
By Katie Oliver
The pound strengthened after the release of strong UK inflation data on Wednesday morning 7am (UK time).
By Katie Oliver
According to investment bank Morgan Stanley the British pound could be one of 2023’s best-performing financial assets. However, 2022 was a bad year and 2023 is forecast to be as bleak, but positive developments and surprises could provide a healthy boost to Sterling.
© Copyright Universal Partners FX 2023 | All Rights Reserved | Universal Partners FX Ltd, The South Quay Building, 77 Marsh Wall, Canary Wharf, London, E14 9SH, United Kingdom. Registered in England & Wales, number: 10674030. Universal Partners FX Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution under the Payment Services Regulations 2017. Our FCA Firm Reference Number is 820037.
For clients based in the United Kingdom and rest of the world, payment services for Universal Partners FX Ltd are also provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street, London, E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199)