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BoJ Deputy Governor Ryozo Himino reinforced the central bank’s hawkish stance on Monday, warning that delaying policy normalization could allow inflation risks to intensify. Speaking in parliament, Himino said that “delaying the necessary adjustment in Read more…
China kept its benchmark lending rates unchanged for a 13th consecutive month in June, reinforcing expectations that policymakers are not yet prepared to deliver another round of monetary easing. The one-year loan prime rate (LPR) Read more…
Key Highlights EUR/USD extended losses and tested the 1.1420 support. A few hurdles are forming near 1.1500 and 1.1525 on the 4-hour chart. GBP/USD moved into a negative zone below 1.3300. Gold prices struggled near Read more…