What Does It Mean for Fed If Core PCE Comes Out Weaker than Expected?
The United States Core Personal Consumption Expenditure Price Index (Core PCE) is said to be […]
Gold Steady as Yields and Dollar Remain Undermined
After silver’s big plunge on Monday, both precious metals have managed to steady the ship, […]
Australian Dollar Technical Outlook: AUD/USD Rally Gains Steam
The Australian dollar’s rally against the US dollar is gaining momentum on growing optimism over […]
Japanese Yen Gains After Strong Demand at 2-Year Treasury Auction, Where to?
The Japanese Yen gained alongside a drop in US bond yields. The 2-year Treasury auction […]
Dollar Tight Range to Be Tested by GDP and Fed’s Preferred Inflation Read
Risk trends continue to exhibit anxiety amid chop that fully undermining major technical levels. Meanwhile, […]
USDJPY Outlook: A Break Decided Between Rate Forecasts and Risk Trends
There are competing forces on Dollar, which have prevented the benchmark currency from developing a […]
Bank of Canada delivers a final 25 basis point hike
The Bank of Canada (BoC) raised the overnight rate to 4.5%, while stating that it […]
(BOC) Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening
The Bank of Canada today increased its target for the overnight rate to 4½%, with […]
BoC Rates Could Alter The Trend on USDCAD and Others
Today, at 5:00 pm (GMT +2), the Bank of Canada will publish the Overnight Rate, […]
ECB Makhlouf: Need to take similar steps to Dec in Feb and Mar
ECB Governing Council member Gabriel Makhlouf said, “We need to continue to increase rates at […]
Australian Inflation Surprise
Inflation data continues to be the main driver of the markets. This morning the currency […]
BoC hikes 25bps, confirms a pause
BoC raises overnight rate by 25bps to 4.50% as widely expected. The Bank Rate and […]