BoJ kept its uncollateralized overnight call rate unchanged at 0.25%, as widely anticipated, with an 8-1 vote in favor. Naoki Tamura dissented, advocating for a rate increase to 0.50%. Governor Kazuo Ueda, speaking at the post-meeting press conference, reiterated that rate hikes would proceed cautiously. He noted, “If the economy and prices move in line […]
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Gold rises above 2,600 again RSI and stochastics suggest more upside moves Gold prices are recouping some significant losses that were posted after the Fed’s policy decision on Wednesday to cut rates by 25 bps. Read more…
GBPUSD shows some recovery after three-week low Technical signals reflect persisting selling interest BoE rate decision next in focus at 12:00 GMT GBPUSD is trying to heal its wounds after taking a hit from the Read more…
According to the USD/JPY chart today, the US dollar has climbed to 157 yen. This movement was driven by monetary policies of both countries’ central banks. The Federal Reserve took a hawkish stance, with Chair Read more…