Australia’s budget supports Aussie

AUD/USD is up for the key moves as not only the Reserve Bank of Australia’s (RBA) but the Aussie budget is also ready for publishing, respectively around 03:30 GMT and 08:30 GMT, on Tuesday. The Reserve Bank of Australia (RBA) held its cash rate and the targeted yield on 3-year bonds unchanged at 0.25% during [...]

Brexit optimism favors Pound

Markets are rising and the safe-haven dollar is down on hopes that President Trump may leave the hospital shortly.  President Donald Trump's doctors said on Sunday that President Donald Trump's  Commander-In-Chief is improving. But the Doctors not involved in Trump's treatment said they suspected his condition might be worse than Conley let on. As an [...]

US President Tests positive for corona

The October month shock is here - US President Donald Trump and the first lady tested positive for corona virus Thursday. Trump tweeted that he and his wife Melania would begin their "recovery process immediately" and "get through this together." Minutes after Trump tweeted his positive test result, the White House physician said the president [...]

Japan’s Manufacturing PMI supports yen

According to Japan's Manufacturing PMI, September data indicated that the Japanese manufacturing sector moved another step closer to stabilization, helped by the slowest fall in new orders since January. At the same time, hopes of a longer-term recovery in production volumes strengthened, with growth expectations for the year ahead rising to the highest since May [...]