The main event this week was the monetary policy meeting in the US where markets prior to the meeting were historically divided between a 25bp and 50bp cut. The Federal Reserve chose to lower the ...
The US Dollar consolidates on Friday after weakening further on Thursday.. Traders have repriced the US Dollar amidst the Bank of Japan and Bank of England’s decisions to keep rates on hold. The US ...
This means that in the upcoming meetings, the Bank of England will continue to take a pause in the cutting cycle from time to time.” “This cautious approach, which is also appropriate given the ...
Crude Oil price consolidates recent gains on Friday. With tensions in the Middle East back on the forefront while US strategic reserves are running lower, a surge in prices looks granted. Going ...
USDJPY jumped over two figures on Friday after Bank of Japan kept interest rates unchanged and signaled it was not in rush for further hikes, despite the borrowing cost is still very low. Renewed ...