BoE MPC member Catherine Mann warned that there could be depreciation pressure on Pound exchange rate if investor haven’t fully priced in recent hawkish message from Fed and ECB. Meanwhile, she reiterated that more are Read more…
BoE MPC member Catherine Mann warned that there could be depreciation pressure on Pound exchange rate if investor haven’t fully priced in recent hawkish message from Fed and ECB. Meanwhile, she reiterated that more are Read more…
On Friday, Haruhiko Kuroda will sit at the helm of the Bank of Japan for the last time and investors may be eager to find out whether his exit will be accompanied by fireworks, or Read more…
Economic output stats for January will kick off this month’s data releases for the UK on Friday (07:00 GMT), providing investors fresh clues on whether the British economy is still teetering on the edge of Read more…
EURJPY has reversed back down again after finding resistance at the 11-week high of 145.55 achieved at the end of December. However, the market is still developing above the short-term uptrend line that has been Read more…
Market movers today German factory orders will reveal if manufacturing activity rebounded in January, after slumping at the end of last year. Fed chair Powell will present his semi-annual Monetary Policy Report to the Senate Read more…
DXY: Price has broke an ascending support along with an Ichimoku cloud triggering a potential bearish move. There’s a strong 1st resistance at 104.61 too which is an overlap resistance. Price could drop from here Read more…
Australian Dollar weakened broadly despite RBA’s rate hike. This is attributed to the less hawkish statement by RBA indicating a “lower risk of a cycle in which prices and wages chase one another”. As AUD/CAD Read more…
Australian Dollar weakened broadly despite RBA’s rate hike. This is attributed to the less hawkish statement by RBA indicating a “lower risk of a cycle in which prices and wages chase one another”. As AUD/CAD Read more…
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points Read more…