The Pound Sterling (GBP) faces selling pressure, prima facie, after the Bank of England’s (BoE) monetary policy announcement. The Pound Sterling (GBP) faces selling pressure, prima facie, after the Bank of England’s (BoE) monetary policy announcement. As expected, the BoE
USD/CAD edges lower as Oil retreat, Fed-BoC policy split keep volatility elevated USD/CAD trades around 1.3655 on Thursday, down 0.21% on the day, after stabilizing in the previous day. USD/CAD edges lower as Oil retreat, Fed-BoC policy split keep volatility elevated USD/C
USD/CAD trades around 1.3655 on Thursday, down 0.21% on the day, after stabilizing in the previous day. USD/CAD trades around 1.3655 on Thursday, down 0.21% on the day, after stabilizing in the previous day. The pair faces short-term pressure due to a modest pullback in th
USD/JPY is now down 1.6% to 157.60 and that marks about a 300 pips decline from when Japan finance minister Katayama came out earlier to deliver one final intervention warning to markets. USD/JPY is now down 1.6% to 157.60 and that marks about a 300 pips decline from when
💵 They say EUR/USD moves the world…but do you really know why? 🌍 From Europe’s rules to the leverage pros use (and the broker tricks no one tells you), our article spills it all. 💵 They say EUR/USD moves the world…but do you really know why? 🌍 From Europe’s rules to the le
Eurozone growth disappoints in first quarter – Inflation hits 3% Eurozone inflation rose to 3.0% in April on the back of higher energy prices, while core inflation came in at 2.2%. Eurozone growth disappoints in first quarter – Inflation hits 3% Eurozone inflation rose to
From earlier: Japan's Katayama: We are getting closer to taking decisive step in FX market Japan's top currency diplomat issues final warning before action in FX market This time, they're not beating around the bush and being very explicit about it. From earlier: Japan's K
Japan says 'decisive' FX action nearing in strongest warning yet, yen spikes Reuters Japan says 'decisive' FX action nearing in strongest warning yet, yen spikes Reuters
Deutsche Bank economists expect the European Central Bank (ECB) to keep the deposit rate at 2% while markets fully price a June hike due to Europe’s energy exposure. Deutsche Bank economists expect the European Central Bank (ECB) to keep the deposit rate at 2% while market
The BIS global liquidity indicators show that foreign currency credit in US dollars and euros continued to grow robustly, both globally and in EMDEs. The BIS global liquidity indicators show that foreign currency credit in US dollars and euros continued to grow robustly, b