EUR/USD trades in a tight range around 1.0800 as investors await US President Trump’s announcement of reciprocal tariffs. Anxiety over Trump’s tariffs has dampened the…
AUD/USD consolidates around 0.6250 after the RBA left interest rates unchanged at 4.1%, as expected. The RBA lacks confidence whether inflation is on track towards…
People’s Bank of China (PBOC) Deputy Governor Zou Lan said on Thursday that “China’s monetary policy is supportive and relatively loose.” Further comments “China’s macro…
Minneapolis Fed President Neel Kashkari reiterated that there is still job to be done regarding inflation. Key Quotes “We’ve made a lot of progress bringing…
UK Chancellor, Rachel Reeves, delivers her 30-minute Spring Statement at 13CET. The crux of the story is how she will likely cut spending for the…
European Central Bank (ECB) policymaker Fabio Panetta said on Wednesday, the central bak “must remain pragmatic and data-driven in setting the policy rate.” Further comments ECB…
Member of the European Central Bank (ECB) Governing Council and Bank of France Governor Francois Villeroy de Galhau said late Tuesday that there is still…
GBP/USD is down to a 5-day low, and 10-year gilts are underperforming. The UK fiscal backdrop is not pretty. Borrowing in the first eleven months…
New York Federal Reserve President John Williams said on Friday that the current modestly restrictive monetary policy is “entirely appropriate,” as reported by Reuters. Key…
The Pound Sterling declines to near 1.2920 against the US Dollar as the Fed is not in a rush to move to interest rate cuts.…