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: Monetary Policy
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)…
NZD Gains Ground After RBNZ Implements Expected 25 Basis Point Rate Cut, Says BBH
BBH FX analysts report that the New Zealand Dollar (NZD) has rallied following the Reserve Bank of New Zealand’s (RBNZ)…
GBP/USD Declines Towards 1.3100 Amidst Resurgent US Dollar Strength and UK Fiscal Ambiguity
The GBP/USD pair is starting the new week on a softer note, failing to build on its gains from the…
EUR/USD Dips Toward 1.1500 Despite Cautious ECB Stance
EUR/USD pair is extending its losses for a second consecutive session, trading around 1.1510 during Monday’s Asian hours. However, the…
NZD/USD Weakens Near 0.5600 as RBNZ Rate Cut Looms
The NZD/USD pair is losing ground, trading near 0.5605 during Monday’s early Asian session. The New Zealand Dollar (NZD) is…
AUD Stable Amidst US Dollar’s Decline Driven by Increased Fed Rate Cut Expectations”
The Australian Dollar (AUD) is maintaining its ground against the US Dollar (USD) on Monday, as markets anticipate crucial inflation…
Japanese Yen Weakens Amid Fiscal Worries and BoJ Rate Hike Uncertainty
The Japanese Yen (JPY) is experiencing renewed selling pressure this week, erasing some of its recent gains. This weakness stems…
Gold Surges Past $4,100, Fueled by Dovish Fed and December Rate Cut Speculation
Gold (XAU/USD) is holding steady during the North American session on Friday, trading at $4,096 (up 0.53%) after reaching a…