Chinese Deflation as Good News
China’s consumer price growth fell to 1.0% y/y, a sharp slowdown from 2.1% y/y and […]
USD/JPY Sharply Lower Ahead of Kuroda’s Last Meeting
The Japanese yen is showing strength on Thursday. In the European session, USD/JPY is trading […]
Crypto Market Cheaper Than a Trillion Again
Market picture The total capitalisation of the crypto market is back below $1 trillion, down […]
EUR/USD Takes Out February Low Ahead of US Jobs Report
EUR/USD Outlook EUR/USD takes out the February low (1.0533) following the failed attempts to trade […]
Bank of Canada Hits Pause
The Bank of Canada maintained the overnight rate at 4.5%, while stating that it will […]
USD/CAD Climbs after Hawkish Powell, Bank of Canada Set to Pause
The Canadian dollar has steadied on Wednesday, after sliding 1% a day earlier. Later today, […]
Powell’s Speech Deepens Bitcoin Correction
Market picture Bitcoin fell on Tuesday amid falling equity indices and a rising US dollar. […]
Aussie Takes a Tumble after Powell
The Australian dollar has stabilized on Wednesday after a dreadful outing a day earlier. In […]
RBA Governor Lowe Uses the ‘P’ Word
Summary of RBA Governor Lowe’s speech on 8th March We are seeking to bring inflation […]
Bank of Canada to Set Tightening Campaign on Hold
The Bank of Canada will likely keep its promise to declare a pause in monetary […]
Can Nonfarm Payrolls Refuel Dollar’s Rally?
Another high-stakes US employment report will be released on Friday. Most indicators point to another […]
Fed Powell Puts a 50bps March Hike Firmly on Radar, GBP/USD Tests 2023 Lows
Key takeaways Fed Chair Jerome Powell acknowledged that the pace of quarter-point interest-rate increases is […]