Created on March 09, 2025 Last Thursday’s rate cut has lowered the ECB deposit rate to 2.5%, its lowest level since December 2022. The central…
EUR/JPY discovers temporary support near 159.20 after the ECB’s dovish interest rate decision. The ECB reduced its Deposit Facility rate by 25 bps to 2.5%,…
The core Personal Consumption Expenditures Price Index is expected to rise 0.3% MoM and 2.6% YoY in January. Markets largely expect the Federal Reserve to…
Bank of England (BoE) Deputy Governor Dave Ramsden spoke about monetary policy in a world of geopolitical fragmentation at Stellenbosch University in South Africa on…
Japanese Prime Minister Shigeru Ishiba’s government announced that it reduced its FY25/26 Budget plan to JPY115.2 trillion The government also said they will cut the…
Pound Sterling rises despite BoE Dhingra sees more than four interest rate cuts this year The Pound Sterling (GBP) trades higher against its major peers, except…
BP has released what it calls its reset, with a renewed focus on oil and gas, reallocated capital and more cost cutting. All of this…
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Tuesday, “we should take one step at a time and not rush rate cuts.” Additional…
Mexican Peso slips as monetary policy divergence with Fed fuels further upside. USD/MXN climbs 0.14% to 20.43 as Banxico signals additional 50-bps rate cuts. Mexico’s…
USD/CAD loses ground as the downbeat economic data reinforce the expectations of the Fed rate cuts. The commodity-linked CAD could face challenges amid weaker crude…