Aussie Lifted on Resumption of Chinese Trade

View this email online. Aussie Lifted on Resumption of Chinese Trade Minutes relating to the Reserve Bank of Australia’s February 6th meeting will be released in the early hours of Tuesday morning and will likely acknowledge broad progress on the inflation front.    READ MORE Market Analysis A hotter-than-expected PPI print on Friday added to today’s stubborn US CPI data, helping lift the US dollar and US yields into the weekend. READ MORE The British Pound has managed modest gains against the United States Dollar as a new trading week kicks off in Europe on Monday. READ MORE Inflation in the US remains sticky at both producer and consumer level but US indices are seemingly ignoring these price pressures and remain near recent multi-year highs. READ MORE Earlier this year, the market consensus indicated the Federal Reserve would deliver about 160 basis points of easing in 2024. READ MORE Central Banks are independent institutions utilized by nations around the world to assist in managing their commercial banking industry. READ MORE Rollover is the interest paid or earned for holding a currency spot position overnight.  READ MORE Trading Skills Enhancement TRADING EDUCATION Learn to trade with DailyFX and take your trading knowledge and confidence to the next level. Whatever your trading experience is, our expert analysts and market writers can help you navigate a range of market conditions and trading styles, setting you on the road to consistent trading. Our online education is divided into three sections according to experience level   LEARN MORE TRADING TOOLS View current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish with IG Client Sentiment.   LEARN MORE Use our economic calendar to explore key global events on the horizon that could subtly shift or substantially shake up the financial markets.   LEARN MORE CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Kind regards DailyFX dailyfx.com Cannon Bridge House, 25 Dowgate Hill, London, United Kingdom, EC4R 2YA. Trading financial instruments, including leveraged foreign currencies, carries a high degree of risk and your losses may exceed your deposits. Trading is not suitable for all. You should carefully consider whether trading is right for you in light of your investment experience and financial resources. Past performance is not indicative of future results. This commentary is for general informational purposes and does not constitute advice or a solicitation. While DailyFX has taken reasonable measures to verify the accuracy of the information herein, DailyFX makes no guarantee as to its accuracy or completeness. This information is subject to change at any time without notice. DailyFX is not liable for any loss or damage which may arise from the use of any information in this commentary. Please read the full Risk Disclosure, as well as our Privacy Policy. You received this email because of your relationship with DailyFX. To manage your preferences or unsubscribe from our marketing communications click here.   © 2024 IG