Finance Source:

RBA Rebuke Takes Heat Out Of The AUDUSD Rally

The RBA believes the Australian economy will return to growth in the December quarter but not back to its pre-delta path until the 2nd half of 2022. The bank reiterated it is not expecting economic conditions to improve sufficiently for a rate hike before 2024. Rising energy prices are fanning inflation expectations and prompting... go to Article >

Racing Lines: Elfyn Evans' flying Finnish

55 Days ago Motors Source:

Perfect win in Finland was a special achievement for Welsh rally hero Colin McRae and Richard Burns? They didn’t manage it. Kris Meeke was the first, in 2016. Now Elfyn Evans has joined him as the only other British driver in 70 years to have... read more

Team Preaching: Why Our Pastors Share the Pulpit

114 Days ago Other Source:

For almost seven years now, our team of (both paid and lay) pastors has not only led as a team (a “plurality” of elders), but also taught as a team, which includes preaching as a team. If you ask a member, “Who’s the preacher?” they wouldn’t give... read more

UK Hydrogen Strategy: The green economy reacts

112 Days ago Finance Source:

BusinessGreen rounds up all the reaction from politicians, green business figures, NGOs, investors and think tanks to the government's long-awaited Hydrogen Strategy It has finally arrived. After numerous delays, the... read more

Risk-on Sentiment Coming Back, Aussie Extending Rebound

0 Days ago Finance Source:

Risk-on sentiment is gather steam today with major European indexes trading broadly higher, while US futures point to higher open. WTI crude oil is also up another 2.5% and is back above 70 handle. In the currency markets, Australian Dollar is... read more

AUD/USD Mid-Day Report

0 Days ago Finance Source:

Daily Pivots: (S1) 0.6962; (P) 0.7031; (R1) 0.7068; More… AUD/USD’s rebound from 0.6992 extends higher today but stays below 0.7172 resistance. Intraday bias is turned neutral first. On the upside, firm break of 0.7172 will indicate short term... read more

USD/JPY Mid-Day Outlook

0 Days ago Finance Source:

Daily Pivots: (S1) 113.04; (P) 113.30; (R1) 113.75; More… No change in USD/JPY’s outlook as range trading continues. Intraday bias remains neutral at this point. On the downside, sustained break of 112.71 will argue that it’s already correcting... read more

USD/CHF Mid-Day Outlook

0 Days ago Finance Source:

Daily Pivots: (S1) 0.9194; (P) 0.9232; (R1) 0.9292; More…. Intraday bias in USD/CHF remains neutral at this point. On the upside, break of 0.9271 minor resistance will suggest that the pull back from 0.9372 is finished. Intraday bias will be... read more

GBP/USD Mid-Day Outlook

0 Days ago Finance Source:

Daily Pivots: (S1) 1.3227; (P) 1.3256; (R1) 1.3295; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the downside, sustained break of 1.3164 medium term fibonacci level will carry larger bearish implication, and target... read more

EUR/USD Mid-Day Outlook

0 Days ago Finance Source:

Daily Pivots: (S1) 1.1264; (P) 1.1288; (R1) 1.1309; More… Intraday bias in EUR/USD stays neutral for the moment. On the upside, firm break of 1.1382 resistance should confirm short term bottoming at 1.1186. Intraday bias will be turned back to... read more

Stocks Rise as Risk Appetite Picks Up

0 Days ago Finance Source:

Stocks charge higher as the recovery continues amid easing Omicron concerns and surging oil prices. US futures Dow futures +0.96% at 35558 S&P futures +1.3% at 4650 Nasdaq futures +1.8% at 16128 In Europe FTSE +1.01% at 7317 Dax +1.9% at 15700... read more

Stocks Head North as Omicron Jitters Abate

0 Days ago Finance Source:

US dollar drifts higher; safe havens plummet; cyclical currencies appreciate The dollar gave up some ground early in Tuesday’s trading session as investors’ risk appetite soared amid subsiding fears over the impact of the Omicron variant on... read more