MUFG: Cooling Inflation Justifies RBI’s Rate Pause
MUFG Senior Currency Analyst Lloyd Chan highlights that India’s consumer price inflation (CPI), calculated under the new 2024 base year…
Category: Central Banks
EUR/JPY Slides as Takaichi’s Victory and Intervention Fears Boost Yen
The EUR/JPY pair is seeing its third straight day of losses, slipping below the 183.00 handle to trade near 182.70…
Fed Expected to Keep Rates Steady Amid Strong Growth and Stubborn Inflation
The US Federal Reserve is scheduled to announce its interest rate decision on Wednesday. It is widely anticipated that the…
Bank of Canada anticipated to hold rates steady, confirming its watchful stance
The Bank of Canada (BoC) is widely anticipated to hold its benchmark interest rate steady at 2.25% this Wednesday, maintaining…
CAD: Steady interest rates anticipated – Commerzbank
According to a report by Commerzbank analyst Michael Pfister, the Bank of Canada (BoC) is widely expected to maintain interest…
Yen Remains Flat Despite BoJ Outlook Upgrade.
According to ING FX analyst Chris Turner, the Japanese Yen’s reaction to the Bank of Japan’s (BoJ) recent upward revision…
Steady Canadian inflation outlook for December strengthens case for BoC pause
Statistics Canada is scheduled to release December’s inflation data on Monday. These figures will provide the Bank of Canada (BoC)…
USD/JPY Hits One-Month Peak as Yen Weakens Following BoJ Rate Hike
The Japanese Yen (JPY) experienced a sharp sell-off against the Greenback on Friday, sending the USD/JPY pair to a one-month…
USD/JPY Pauses Around 154.00 Amid Uncertainty Over BoJ Rate-Hike Timing
USD/JPY remained firm around 153.90 in Asia on Monday, not far from its eight-month peak of 154.49 hit on November…
USD/JPY Pauses Near 154.00 Amid Uncertainty Over BoJ Rate-Hike Outlook
USD/JPY Remains Firm Near 154.00 on Lingering BoJ Policy Uncertainty USD/JPY is trading around 153.90 in early Asian hours, staying…