The dollar index edges lower on Tuesday, following a brief recovery in past few sessions, as markets return to business after Easter break. Bounce from new multi-week low at 101.07 (Apr 5) stalled at initial Fibo barrier at 102.20 (23.6% of 105.85/101.07 fall) , with today’s drop generating an initial signal of bull-trap. Near-term action […]
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Japan’s inflationary pressures picked up in January, with Tokyo’s core CPI (excluding fresh food) rising to 2.5% yoy from 2.4%, marking its fastest pace in nearly a year. Core-core measure (excluding food and energy) also Read more…
BoJ Governor Kazuo Ueda reiterated the central bank’s is aiming for “gradual pickup” in prices, supported by a “solid increase in wages.” He emphasized that maintaining easy monetary conditions remains necessary to “support economic activity” Read more…
Markets The ECB lowered the policy rate to 2.75% (-25 bps) yesterday. While president Lagarde as usual refrained from giving guidance going forward, some subtle statement tweaks and not-so-subtle comments suggest Frankfurt is moving towards Read more…