
AUSTRALIA, AUD, COAL, AND IRON ORE
Aussie has a NEUTRAL outlook as domestic labor cools against a backdrop of sticky inflation and a restrictive monetary policy
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Aussie has a NEUTRAL outlook as domestic labor cools against a backdrop of sticky inflation and a restrictive monetary policy

Euro has a NEUTRAL outlook as resilient economic growth and hawkish rate hike expectations balance against severe energy supply risks

Pound has a NEUTRAL outlook as sticky energy inflation and rising gilt yields battle a visibly cooling domestic labor market

Kiwi has a NEUTRAL outlook as strong expectations for another central bank rate hike are offset by a weakening labor market and looming election uncertainty.

Loonie has a NEUTRAL outlook as robust domestic employment and energy support clash with aggressive US tariff threats.

The yen’s outlook is neutral as weaker-than-expected economic growth counters aggressive pricing for further BoJ hikes

CHF is neutral as safe-haven and steady domestic growth offset ultra-low domestic inflation and an anchored zero-rate monetary policy.

USD has a NEUTRAL outlook as cooling labor data and sluggish spending collide with persistent safe-haven flows and lingering inflation risks

The US Dollar Succumbs to Deflationary Forces

The Dollar Bleeds as Payrolls Plunge and Safe Havens Surge