Gold remains under pressure as risk-on sentiment continues to influence market trends. Fed Chair Powell and President Trump clash over the timing of interest rate…
As expected, the Bank of England (BoE) left interest rates unchanged yesterday, Commerzbank’s FX analyst Michael Pfister notes. Next BoE cut likely in August “However,…
The Pound Sterling gives up gains against its major peers after the BoE left its borrowing rates steady at 4.25%, as expected/ The BoE left…
Goldman, JPMorgan stocks advance 2% on Wednesday. US regulators are looking into lowering a key capital ratio that would help big banks. FOMC to release…
The Federal Reserve is expected to leave the policy rate unchanged for the fourth consecutive meeting. The revised Summary of Economic Projections, which includes the…
Bank of Japan (BoJ) Governor Kazuo Ueda speaks at a press conference on Tuesday, explaining the Bank’s decision to hold the interest rate at 0.5% for the…
EUR/JPY steadies after the BoJ announced to keep interest rate target unchanged in the range of 0.4%- 0.5% in June. Japan’s PM Ishiba and President…
USD/JPY hovers near 144.20 as traders await the Bank of Japan’s rate verdict on Tuesday. Policy divergence from the US Federal Reserve underpins the US…
A large majority of 59 economists polled by Reuters expect the Bank of England (BoE) to cut the policy by 25 basis points (bps) in…
Japanese Prime Minister Shigeru Ishiba said on Monday that Japan must be aware that rising interest rates would push up the government’s debt-financing costs and…