Federal Reserve (Fed) Governor Michelle Bowman said Wednesday that inflation progress slows and possibly halts. Bowman further stated that monetary policy is currently restrictive and time...
Boston Federal Reserve (Fed) President Susan Collins said on Friday, she sees ‘in the range of two’ rate cuts for 2024. Additional quotes Still expecting inflation...
After the US CPI print on Wednesday, the market’s attention is now on the first quarter earnings season. The focus is on JP Morgan, as it...
USD/CAD lacks firm intraday direction and consolidates below the YTD top set on Thursday. An uptick in Oil prices underpins the Loonie and caps the upside...
The Japanese Yen ticks higher amid intervention warnings, albeit with a lack of bullish conviction. The divergent Fed-BoJ policy expectations keep a lid on any meaningful...
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EUR/JPY rallies over 50 pips from the daily low amid some repositioning ahead of the ECB. The BoJ’s dovish outlook continues to undermine the JPY and...
USD/MXN trades with a positive bias for the third straight day, albeit lacks follow-through. The technical setup supports prospects for the emergence of fresh selling at...
The Bank of Canada (BoC) left its monetary policy unchanged at its meeting on Wednesday. In fact, the central bank maintained its policy rate at 5.0%...
The Japanese Yen remains depressed near a multi-decade low amid the BoJ’s dovish outlook. The divergent Fed-BoJ expectations support prospects for a further JPY depreciation move....
NZD/USD is stuck in a tight range around 0.6000 as investors are sidelined ahead of the RBNZ policy decision. The market mood turns cautious as robust...
Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that the “impact of past rises in import costs on Japan’s inflation likely to dissipate.” Additional quotes...
Minneapolis Federal Reserve Bank President Neel Kashkari said on Thursday that during the Fed’s meeting last month, he pencilled in two interest rate cuts this year,...
The Japanese Yen draws some support from intervention fears, albeit lacking bullish conviction. The US-Japan rate differential and a positive risk tone seem to undermine the...
Further selling pressure prompted the Greenback to retreat further and put the USD Index (DXY) on track to challenge the 104.00 support after weaker-than-expected. On another...
NZD/USD reverses an Asian session dip and turns positive for the second straight day. The USD retreats further from a multi-month peak set on Tuesday and...
The Japanese Yen struggles to capitalize on the overnight modest uptick against the USD. The BoJ’s dovish stance undermines the JPY, though intervention fears limit the...
Gold remains firm after making a marginal new high for the move up earlier. Economists at Scotiabank analyze the yellow metal’s outlook. Gold strength and a...
NZD/USD remains on the defensive near its lowest level since November amid a bullish USD. Reduced bets for a June Fed rate cut and the risk-off...
The Reserve Bank of Australia (RBA) published the Minutes of its March monetary policy meeting on Tuesday, highlighting that the Board members did not consider the...