European Central Bank (ECB) executive board member Fabio Panetta said on Tuesday that the central bank is “still a long way from the neutral rate.” Additional comments If domestic demand remains weak, inflation could fall well below 2%. The ECB should move to neutral monetary policy stance, or even expansionary if necessary. Eurozone economic activity […]
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1991, as compared to the previous day’s fix of 7.1927 and 7.2305 Reuters estimates. Source link
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
South Korea FX Reserves: 415.7B (October) vs previous 419.97B Source link
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
Bank of Japan (BoJ) board member Seiji Adachi said on Wednesday that “if inflation moves sustainably, stably around 2%, the BoJ can guide monetary policy in a way allowing for policy rate to move roughly in line with neutral rate.” Additional quotes If chance of underlying inflation exceeding 2% heightens, the BoJ will raise its policy rate […]
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet […]
Argentina Tax Revenue (MoM): 12844B (September) vs 11764B Source link
Here is what you need to know on Thursday, September 26: After witnessing a solid turnaround in American trading on Wednesday, the US Dollar (USD) pauses its recovery and remains in a consolidative mode heading into the European opening bells on Thursday. Traders turn cautious and refrain from placing fresh bets on the USD before […]
The benchmark interest rate in Australia is likely to remain at 4.35% for the seventh straight meeting in September. The Reserve Bank of Australia Governor Michele Bullock’s press conference will hog the limelight. The RBA’s policy statement and Bullock’s words are set to inject volatility around the Australian Dollar. The Reserve Bank of Australia (RBA) […]
Here is what you need to know on Thursday, September 19: Following the wild fluctuations seen in financial markets in the American session on Wednesday, volatility remains high early Thursday. The Bank of England (BoE) will announce monetary policy decisions during the European trading hours. Later in the day, the US economic calendar will feature […]
Pound Sterling gains ahead of Fed-BoE monetary policy decisions The Pound Sterling (GBP) performs strongly against its major peers at the start of the week, supported by the improved appeal for risk-perceived currencies and a weakening US Dollar, which is pressured by growing prospects that the Federal Reserve (Fed) will opt for a large interest rate […]
