Gold strategy on Jan 29: Support at Rs 79,400; Resistance at Rs 81,400
On January 28, spot gold traded between $2730 and $2760 as, once again, it took support at the crucial level of $2730 to extend its recovery following the selloff on January 27 ...
AUD declines on softer core inflation readings, RBA rate cut now even more likely in Feb?
- Aussie bond yields decline on CPI data; AUD/USD declines by 0.4%; money markets were pricing in an >80% chance of a RBA ...
AUD/JPY breaks below 97.00, further downside appears due to potential RBA rate cut
The easing inflationary pressures at the end of 2024 have strengthened the case for a potential interest rate cut by the RBA ...
February interest rate cut near certain as inflation undershoots
Financial markets are near certain that the Reserve Bank will cut interest rates in February, after the latest CPI data ...
Australia’s inflation rate falls beating RBA expectation
Aussie mortgage holders could get a rate cut as soon as February after fresh figures show inflation is falling faster than anticipated.