A hold is widely expected for the July ECB meeting. The meeting will not offer much action for the Euro (EUR), and we’re biased towards a...
US 10-year Treasury yield drops to 4.214% following unexpected -0.1% MoM contraction in June CPI. Core CPI increases by just 0.1% MoM, bolstering predictions for Fed...
AUD/NZD gains momentum around 1.1075 in Wednesday’s Asian session, up 0.63% on the day. The RBNZ maintained the Official Cash Rate (OCR) unchanged at 5.50% at...
USD/CHF stands tall near its highest level in over a month, albeit lacks bullish conviction. The SNB’s position as a frontrunner in the global policy easing...
European Central Bank (ECB) policymaker Pierre Wunsch said in a Reuters interview that “barring major negative surprises, ECB has room for a second rate cut.” Additional...
Gold price oscillates in a narrow trading band on Monday amid mixed fundamental cues. Rising bets for a September Fed rate cut weigh on the USD...
Mexican Peso rebounds to 18.24 vs. US Dollar following Banxico’s decision to maintain 11.00% rate. Decision aligned with recent inflation data, targeting 3% inflation by Q4...
Banxico holds interest rate at 11.00%; Deputy Gov. Mejia Castelazo votes for 25 bps cut. Officials cite financial market volatility and unique economic factors in Mexico....
US Treasury yields climb as global inflation data sparks fears; 10-year bond yield rises to 4.320%. Canadian and Australian inflation data higher than expected, contributing to...
Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent crossed the wires in the last hour, saying that the recent data reinforce the need to be...
The Summary of Opinions for the June MPM suggested that the BoJ delayed additional policy rate hikes as it would like to wait for confirmation from...
Gold price attracts some buyers and reverses a part of Friday’s slide from a two-week high. Bets for a September Fed rate cut and geopolitical risk...
Federal Reserve (Fed) Bank of Richmond President Tom Barkin spoke to reports late Thursday, noting that the Fed has sufficient firepower to address policy issues looking...
Bank of England (BoE) left the Bank Rate unchanged at 5.25% as widely expected, but delivering a slight dovish twist, Danske Bank’s Analyst Kirstine Kundby-Nielsen notes....
“The risks to economic growth are balanced in the near term,” the European Central Bank (ECB) said in its Economic Bulletin published on Thursday. Additional takeaways The Governing...
USD/JPY bulls turn cautious near a one-and-half-month peak amid mixed fundamental cues. The BoJ’s cautious approach and the upbeat market mood undermine the safe-haven JPY. Fed...
Gold price gained some positive traction on Thursday amid September Fed rate cut bets. Geopolitical risks and political uncertainty in Europe also lend support to the...
NZD/USD meets with a fresh supply on Wednesday and snaps a two-day winning streak. The USD struggles to lure buyers amid September Fed rate cut bets...
Gold price is seen consolidating near the top end of a short-term trading range. Fed rate-cut uncertainty holds back traders from placing fresh directional bets. The...
USD/JPY consolidates its recent gains to the highest level since late April. The BoJ April meeting minutes fail to provide any impetus to the major. Tuesday’s...