About: melody

Recent Posts by melody

The latest report shows a decline in mortgage applications to 1.1%, down from 11%

Mortgage applications fall; Dollar strengthens; gold dips; crypto holds gains amid US-China trade truce optimism.

Goolsbee emphasises the Fed’s cautious approach amid current inflation data and market volatility

The Federal Reserve adopts a cautious stance, awaiting clearer inflation trends before making policy adjustments.

During European trading, the USD/JPY pair fell to around 145.80 due to weak US CPI data

USD/JPY dipped to 145.80 as US CPI softened; Yen strengthened on BoJ rate hike expectations.

China’s April M2 money supply rose 8.0%, while new loans decreased significantly compared to expectations

China’s M2 money supply rose 8.0% in April; new yuan loans declined sharply from March levels.

ING’s analysts highlight that AUD/USD benefits greatly from reduced US-China trade tensions

Eased US-China tensions support AUD/USD; rate cuts likely, but expectations for four cuts may overreach.

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