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Tuesday, June 18, 2024

European Markets Wrap-Up: FX option expiries for 18 June 10am New York cut

FX option expiries for 18 June 10am New York cut

There is just one to take note of, as highlighted in bold . That being for EUR/USD at the 1.0700 mark. That is likely to keep price action more contained near the figure level, if there is any slight... 

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RBA's Bullock: We did not consider the case for a rate cut today

But would not say that the case for a rate hike is increasing Very conscious that high rates are hurting some sectors of the country Inflation is also hurting the people, so we are focused on bringing... 

RBA's Bullock: We need a lot to go our way to bring inflation back to range

There was a discussion on whether to hike rates at the meeting But decided to stay the course on policy Wanted to make a point that we are alert to upside risks on inflation Difficult to get a read on... 

Some light releases in Europe as the spotlight turns to US retail sales data later today

Major currencies are lightly changed on the day, with the dollar starting the week with a more mixed showing yesterday. The euro holding steadier as political woes ebb ever so slightly. But those risk... 

Aussie little changed as the RBA continues wait-and-see approach

To put things short, the RBA is waiting on one of two things to happen next. That is either the economy weakens further in a more significant manner to prompt them to cut rates. Or that they get their... 

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FX option expiries for 17 June 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.0670 level. If anything else, that will act as a bit of a defensive layer in limiting downside pr... 

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