Forex Signals Brief May 20: Geopolitical Tensions, RB Rate Cut and Canada CPI Drive Sentiment
Today markets will focus on the RBA rate 25 bps cut and the CPI inflation report from Canada for April, but also global tensions will...
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Last updated: Wednesday, June 4, 2025
Quick overview
- Markets are focused on the RBA's expected 25 bps rate cut and Canada's CPI inflation report for April amid ongoing global tensions.
- U.S. equities experienced a late comeback after initial sharp declines, with the NASDAQ and S&P 500 finishing slightly higher.
- Geopolitical risks, particularly the Israel-Gaza conflict and U.S.-Russia relations, are contributing to market caution.
- Cryptocurrencies saw a strong performance, with Bitcoin rising above $105K and Ethereum benefiting from its recent upgrade.
Today markets will focus on the RBA rate 25 bps cut and the CPI inflation report from Canada for April, but also global tensions will continue to weigh on the investor sentiment.
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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