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…
Tag: Monetary Policy
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…
Japanese Yen stays weak against USD as fiscal concerns neutralize hawkish BoJ stance
During Tuesday’s Asian session, the Japanese Yen (JPY) stayed on the defensive due to concerns regarding Japan’s fiscal stability, driven…
Gold hovers near record highs on safe-haven demand and weak dollar ahead of Fed meeting
Gold (XAU/USD) prices are pushing back toward the all-time high above $5,100 on Tuesday, attracting fresh buying interest after a…
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…
Silver plunges as geopolitical risks fade and Fed policy weighs
On Friday, Silver (XAG/USD) is trading near $89.70, marking a 2.50% daily decline and continuing the correction from its recent…
Sterling outperforms as concerns over Fed’s independence resurface
The Pound Sterling (GBP) staged a significant recovery on Monday during the European session, rebounding from an opening low near…
GBP/USD Drops Below 1.3450 After UK Manufacturing PMI Release
The British Pound faced resistance at 1.3475 during early London trading on Friday, pulling back to the 1.3450 support level.…
NZD/USD recovers above 0.5750 amid expectations of further Fed rate cuts
NZD/USD has snapped its five-day losing streak, trading near 0.5760 during Friday’s Asian session. The pair is appreciating as the…
EUR/JPY Approaches 184.00 Amid Widespread Yen Selling
The Japanese Yen continues to underperform against its major peers during Wednesday’s quiet holiday session. This broad weakness has lifted…