Share: On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1070 as compared to Friday’s fix...
Share: Federal Reserve Chair Jerome Powell discussed inflation risks, expected rate cuts, and the banking system with CBS News’s 60 Minutes this Sunday. Key quotes “With...
Share: The UK central bank is likely to extend the pause on “Super Thursday,” in its first meeting of 2024. The Bank of England could hold...
Share: Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to...
Share: Pound Sterling faces sell-off on dismal market mood ahead of Fed, BoE decisions The Pound Sterling (GBP) remains under pressure on Wednesday’s European morning as...
Share: Here is what you need to know on Wednesday, January 31: Following the choppy action seen earlier in the week, the US Dollar (USD) stays...
Share: The Director of the International Monetary Fund (IMF) Asia and Pacific Department warned on Wednesday, “the escalation of Middle East conflict to affect oil prices,...
Share: GBP/USD Forecast: Buyers hesitate as Pound Sterling fails to hold above 1.2700 GBP/USD closed the first day of the week virtually unchanged but came under...
Share: GBP/USD Forecast: Pound Sterling could struggle to find direction before Fed and BoE GBP/USD continues to move up and down in a narrow band at...
Share: European Central Bank (ECB) policymaker Mario Centeno said on Monday that the central bank “should start cutting rates sooner rather than later, but avoid abrupt...
Share: Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave the key interest rates unchanged in January and responds to...
Share: Here is what you need to know on Thursday, January 25: After Wednesday’s volatile action amid PMI data releases from major economies, markets seem to...
Share: People’s Bank of China Governor Pan Gongsheng said on Wednesday that China’s monetary policy is based on domestic conditions and added that they will improve...
Share: Former St. Louis Federal Reserve (Fed) President James Bullard said on Tuesday that the central bank may begin cutting interest rates before inflation hits 2%,...
Share: San Francisco Federal Reserve (Fed) President Mary C. Daly spoke about the Fed’s policy outlook during an interview on Fox Business on Friday. The San Francisco...
Share: The Euro remains flat above 1.0845 with the broader bearish trend intact. The strong US data seen this week has dampened hopes of Fed cuts,...
Share: Christine Lagarde spoke on Friday at the World Economic Forum in Davos. ECB President didn’t speak about monetary policy in her panel discussion. European Central Bank...
Share: European Central Bank (ECB) Governing Council member Klaas Knot said on Wednesday, “the rate path priced by markets can be self-defeating.” Additional comments Markets are getting...
Share: The Bank of Japan is considering lowering its inflation outlook for the fiscal year of 2024 to the mid-2% range in its upcoming quarterly report,...
Share: European Central Bank (ECB) Governing Council member and Bank of France President, Francois Villeroy de Galhau, said on Thursday that he “commits to an inflation back...