Share: The Dow Jones Industrial Average has dropped for four straight sessions. DJIA futures are down 0.35% again on Friday. Powell’s call for two more rate...
Share: Interest rate decision from the UK central bank is due this Thursday. The Bank of England is set to deliver another 25 bps rate hike,...
Share: USD/CAD drops to its lowest level since September 2022 during the Asian session on Thursday. The overnight rally in Oil prices underpins the Loonie and...
Share: The EUR/GBP scales higher for the fourth straight day and touched over a one-week high on Thursday. The ECB’s hawkish outlook continues to underpin the...
Share: The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, June 22 at 11:00 GMT and as we get closer to the...
Share: Jerome Powell testimony in the US Congress will be a top-tier market moving event. New clues on the Federal Reserve interest rate hike path are...
Share: US Dollar Index fades bounce off the lowest level in a month, stays pressured after two-day downtrend. Fed’s hawkish halt, upbeat dot plot and economic...
Share: Federal Reserve Chairman Jerome Powell held a news conference and explained why they have decided to leave the policy rate, the federal funds rate, unchanged...
Share: The USD struggles to gain any traction amid bets for an imminent Fed rate hike pause. The overnight sharp rise in US bond yields lends...
Share: The US Dollar Index grinds near the lowest levels in three weeks after snapping two-day winning streak. US inflation data bolsters market’s bets on Fed’s...
Share: EUR/JPY scales higher for the second straight day and climbs to a two-week high on Tuesday. The ECB-BoJ policy divergence favors bulls and remains supportive...
Share: The Euro weakened against its major rivals on Wednesday. Germany and Spain reported inflation figures below market expectations German bond yields decline, with the 10-year...
Share: EUR/GBP is expected to surpass the immediate resistance of 0.8650 confidently ahead of Eurozone inflation. ECB Simkus expects a 25 basis points (bps) rate hike...
Share: ECB Policymaker, Boris Vujcic, said on Friday, “inflation momentum is still persistent.” “It is questionable if we will be able to get to 2% in...
Share: AUD/USD remains downward pressured as Fed minutes reveal uncertain future for rate hikes. While some Fed officials see the May meeting’s 25 bps rate hike...
Share: Some Fed officials suggest the May meeting’s 25 bps rate hike may be the last, stressing the need for flexibility in the face of economic...
Share: On Wednesday, May 24, the US Federal Reserve (FED) will release the latest monetary policy meeting minutes of the Federal Open Market Committee (FOMC) at...
Share: Bank of England (BoE) Chief Economist Huw Pill testifies before the UK parliament’s Treasury Select Committee (TSC) about the central bank’s May Monetary Policy Report....
Share: People’s Bank of China (PBOC) holds its benchmark monetary policies The rates, namely the Loan Prime Rates (LPR), were unchanged during Monday’s announcement. Given the...
Share: ,European Central Bank (ECB) should not unconditionally pre-commit to future policy moves,” the central bank’s executive board member Fabio Panetta said on Thursday. Additional quotes...