USDJPY jumped into the green territory during the early US trading hours on Tuesday after the Fed chief Jerome Powell told Senate lawmakers that a return to bigger rate hikes is likely. The pair closed Read more…
Daily Pivots: (S1) 1.1996; (P) 1.2023; (R1) 1.2052; More… GBP/USD’s fall from 1.3446 resumed by break through 1.1914 support and intraday bias is back on the downside. Deeper decline would be seen to 38.2% retracement Read more…
BoC is widely expected to stand pat today, and keep the benchmark overnight rate unchanged at 4.50%. Governor Tiff Macklem has explicitly indicated that in inflation comes down as predicted, there is no need to Read more…
Summary of RBA Governor Lowe’s speech on 8th March We are seeking to bring inflation down in a timely way while keeping the economy on an even keel …we do need to be prepared for Read more…
Summary of RBA Governor Lowe’s speech on 8th March We are seeking to bring inflation down in a timely way while keeping the economy on an even keel …we do need to be prepared for Read more…
BoC no change in policy expected Powell testimony and jobs reports from US & Canada among week’s other key events USD/CAD could be heading to 1.37+ The Bank of Canada has raised interest rates eight Read more…