Risk-off sentiment, higher US PCE inflation, and stronger consumer spending are boosting the dollar.
Despite a disappointing US GDP reading, in the second part of Friday’s session the market sees increasingly less room for Fed rate cuts.
AUDUSD (H1)
Source: xStation5
The Australian dollar, after recent gains and from a relatively elevated level, is among the worst-performing currencies, even though commodity prices should, in theory, support it.
Daily summary: AI optimism, Nvidia stock surge & second round of US - Iran talks drive optimism on Wall Street
๐Oil slips below $100
โก Will US drought fuel speculative grain volatility on CBOT?
๐ดThree markets to watch next week: all eyes on the Fed (24.04.2026)
The material on this page does not constitute as financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other particular needs.
All the information provided, including opinions, market research, mathematical results and technical analyses published on the website or transmitted to you by other means is provided for information purposes only and should in no event be interpreted as an offer of, or solicitation for, a transaction in any financial instrument, nor should the information provided be construed as advice of legal or fiscal nature.
Any investment decisions you make shall be based exclusively on your level of understanding, investment objectives, financial situation or any other particular needs. Any decision to act on information published on the website or transmitted to you by other means is entirely at your own risk. You are solely responsible for such decisions.
If you are in doubt or are not sure that you understand a particular product, instrument, service, or transaction, you should seek professional or legal advice before trading.
Investing in OTC Derivatives carries a high degree of risk, as they are leveraged based products and often small movements in the market could lead to much larger movements in the value of your investment and this could work against you or for you. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.
