Forex Today: Japanese Yen Continues To Weaken - 29 June 2023
BoJ Governor Defends Easing, USD/JPY Breaks ¥144.50; Asian Stocks Lower; Markets Await US Final GDP and German Prelimin... Read more
Forex Today: Australian Inflation Falls To 5.6% - 28 June 2023
Australian Inflation Lower than Expected, Aussie Sinks; Canadian Inflation Falls to 3.4% as Expected; Tech Stocks Slide ... Read more
Forex Today: Canadian Dollar Hitting 9-Month High As CPI Data Awaits - 27 June 2023
USD/CAD Trading at Long-Term Low Ahead of Inflation Release; Tech Stocks Slide as Markets Wary of Expecting US Rate Cuts... Read more
Forex Today: Global Markets Calm After Russia Turmoil - 26 June 2023
Markets Open Calmly With Low Volatility; Russian Wagner Rebellion Over; Japan Warns of Response to “Excessive” Yen M... Read more
Bank Of England Delivers 0.50% Hike
The BoE was widely expected to raise rates at Thursday’s meeting, but the extent of the hike had the markets guessing ... Read more
Forex Today: Expecting Rate Hikes From Bank Of England And Swiss National Banks
0.25% Hikes Expected in UK and Switzerland; Powell Hawkish Before House, but Dollar Falls, Yen Weak; UK Inflation Remain... Read more
Forex Today: Stocks Decline On Downbeat Powell Testimony Expectation
Stocks Lower as Powell Expected to Emphasize Further Hikes, but Japanese Equities Rise; UK Inflation Data Release Due Read more
Forex Today: Trade Weighted Yen Index Hits 20-Year Low
Japanese Yen Weakness Stands Out, USD/JPY Hits 1-Year High, GBP/USD in Strong Trends; Stocks Weaken in Asia; RBA Minutes... Read more
Forex Today: Asian Stocks Lower As Chinese Stimulus Hopes Fade
Chinese Stimulus Looking Unlikely; USD/JPY, GBP/USD in Strong Trends; Stocks Weaken in Asia Read more
Forex Today: Fed Makes Hawkish Pause
US Federal Reserve Leaves Rates Unchanged, Points to Further Hikes; Japanese Yen Weakens to 7-Month Low, US Dollar Falls... Read more
US Inflation Falls, Federal Reserve Likely To Pause
The US Consumer Price Index (CPI) dropped to 4.0% in May, down from 4.9% in April and just below the consensus of 4.1%. Read more
Forex Today: Markets Expecting No-Hike Fed Today
US Federal Reserve Expected to Leave Rates Unchanged; US CPI Falls to 4.0%; US Dollar Weaker, Stocks Rise to New Highs Read more
Forex Today: Stocks Rise As Markets Await Release Of Crucial US Inflation Data
US, Japanese Equities Power to New Highs; US CPI Expected to Drop to 4.1%; US Dollar Weaker, Turkish Lira Keeps Falling Read more
Forex Today: US, Eurozone, Japan Rate Decisions Loom
Big Three Central Banks Meetings Await; Global Stocks Bullish; Cocoa Reaches Multi-Year High, Turkish Lira Keeps Falling Read more
Bank Of Canada Surprises With Rate Hike
The Bank of Canada (BoC) hiked rates by 25 basis points on Wednesday, bringing the benchmark rate to 4.75%, the highest ... Read more