Powell speech: We are not close to substantial further progress
Following the Federal Open Market Committee's (FOMC) decision to keep the policy rate unchanged within
NZD/USD bulls take control on the back of the Fed
NZD/USD bulls take control following the Fed. Risk is on which is bullish for the
FOMC: No big fireworks, Powell rules out tapering – NAB
Analysts at the National Bank of Australia (NAB) offer their afterthoughts on the April FOMC
HKMA: Hong Kong dollar (HKD) remains steady after FOMC decision
In response to the FOMC monetary policy decision, the Hong Kong Monetary Authority (HKMA) that
Palladium is the only precious metal set to shine – CE
The prices of most precious metals are set to fall over the next few years
USD/CNH risks a drop to 6.4410 – UOB
According to FX Strategists at UOB Group, USD/CNH could slip back to the 6.4410 level
US: CB Consumer Confidence Index jumps to 121.7 in April vs. 113 expected
CB Consumer Confidence Index rose sharply in April. US Dollar Index clings to small daily
S&P: India’s second covid wave poses downside risks to GDP, may impede recovery
India’s economic recovery is threatened by the second wave of COVID-19 infections, which poses a
Canada: Retail Sales surge by 4.8% in February vs. 4% expected
Retail Sales in Canada expanded at a stronger pace than expected in February. USD/CAD stays
Australian Treasurer Frydenberg wants jobless rate below 5% to repair the budget
The government won't begin repairing the budget until the unemployment rate is below 5%, Australian