Even with the latest data prints providing more clarity, there are still plenty of question marks. We outline our thoughts on where central banks are headed.
China's reopening and an improving ex-US GDP growth outlook should weigh on the greenback. We rate the AUD as most preferred. The Australian dollar is supported by China's reopening, Australia's relatively strong economic growth, and a central bank that is likely to keep the reins tight whe...
The inflation update is unlikely to alter the Fed’s current trajectory. The Fed is expected to cut the funds rate target by 25bps at the November meeting (22bps of easing is currently priced in), following the central bank reducing the rate target by 50bps at September’s meeting ...
For businesses, it is essential to stay informed about these developments and incorporate them into their FX strategies. For example, changes in energy prices may influence commodity-linked currencies such as the Canadian dollar or Australian dollar. Similarly, shifts in European economic polic...
Think of inflation, unemployment, GDP, aggregate demand/supply, and economic growth as just some of the key variables that governments slavishly rely upon to determine their fiscal and monetary policies. What do all these items have in common? Simply, it is that they do not exist. You can’...
Much of the fortunes of Asia-Pacific currencies – which would include both the Australian and New Zealand dollar – are influenced by whatever is happening in China, primarily because it is the world’s second largest economy by GDP, behind the USA. It is little surprise then that the rec...
Yet one lesson consistently emerges through the scientific fog: The current economic fallout from climate change is nothing compared to what the planet faces if temperatures continue to rise. Here are some of the major economic, environmental and social effects experts say the U.S. and other coun...
Australia is not an especially large country, and as of 2022, it was number 12 in the world in terms ofGDPand is about the size of the United States, number 56 in terms of population, and number 20 in terms of the value of its exports.2345Nevertheless, the Australian dollar is one o...
First, a reduction in direct taxation receipts increases per capita real GDP without increasing income inequality. Second, a reduction in government expenditure significantly increases income inequality. Third, the adverse effect of indirect taxation receipts on income inequality is greater than the ...
AUD/USDor the Australian dollar vs. the U.S. dollar USD/CADor the Canadian dollar vs. the U.S. dollar The final two currency pairs are known as commodity currencies because both Canada and Australia are rich in commodities and both countries are affected by their prices. The major currency...