The People’s Bank of China (PBOC) cut the one-year Medium-term Lending Facility (MLF) rate from 2.30% to 2.0% on Thursday. The one-year MLF was last cut...
The European Central Bank (ECB) governing council member Klaas Knot said on Tuesday that the central bank is likely to continue to cut interest rates at...
Bank of Japan Governor Kazuo Ueda said during his scheduled appearance on Tuesday, it is “desirable for FX to move stably reflecting fundamentals.” Additional quotes Global...
AUD/USD strengthens above 0.6800 with RBA policy on the horizon. The RBA is expected to leave interest rates unchanged on Tuesday. The US Dollar recovers amid...
Those who still believed that the JPY’s rally was due to idiosyncratic factors that only affect the Japanese currency were disabused of that notion by 2:30...
USD/CAD trades with a positive bias for the fifth straight day, closer to a multi-week top. The uptick is led by the recent slump in Oil...
Dow Jones climbed around one hundred points amid tepid Monday markets. Broad-market hopes for a Fed rate cut have run into the ceiling. Key US activity...
The Canadian Dollar went in both directions on quiet Monday. Canada has another rate call looming ahead on Wednesday. A tepid start to the trading week...
USD/CAD reverses an early dip to 1.3700, though the upside potential seems limited. The US political uncertainty and dovish Fed bets keep the USD bulls on...
The People’s Bank of China (PBoC) announced on Monday that it cut the one-year Loan Prime Rate (LPR) by 10 basis points (bps) from 3.45% to...
The ECB decision and the subsequent press conference by ECB President Christine Lagarde were essentially non-events in terms of content. The ECB is largely satisfied with...
European Central Bank (ECB) Governing Council member and Bank of France President, Francois Villeroy de Galhau, commented on the inflation and interest rate outlook on Friday. Key...
Gold price corrects further from the record high amid some follow-through USD buying. September Fed rate cut bets should cap the USD and help limit losses...
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EUR/USD extended into bullish territory on Wednesday. ECB rate call looms ahead, rate hold expected for now. Markets have fully priced in a September rate cut...
The Canadian Dollar backslid as investors take a closer look at inflation data. Canada gets a fresh rate call from the BoC next week. After a...
Gold price continues to attract buyers amid growing September Fed rate cut bets. Tuesday’s upbeat US Retail Sales data underpins the USD and caps the XAU/USD....
Dow Jones gains 1.7% in a single day as rate cut hopes surge. Easing US Retail Sales data reignited market bets of a September rate cut....
EUR/USD bidders failed to make a clean break of 1.0900 on Monday. Fiber’s near-term bull run set to end as technicals weigh heavily on buyers. ECB...
Federal Reserve (Fed) Chairman Jerome Powell noted that the US economy has performed remarkably well in recent years while giving a nod of the head to...