Bank of England Governor Andrew Bailey said on Tuesday that they have to watch very carefully for consequences of inflation, per Reuters. Key takeaways “Labour…
Central bank bosses to discuss monetary policy collectively in the ECB forum. Divergence in recent monetary policy between the Fed, ECB, BoE and BoJ makes…
The Indian Rupee strengthens in Tuesday’s early European session. The Fed’s dovish stance and lower crude oil prices support the INR, but renewed US Dollar…
EUR/GBP softens to near 0.8575 in Tuesday’s early European session. Softer-than-expected German inflation data weighs on the Euro. The preliminary reading of Eurozone HICP inflation…
EUR/USD softens to around 1.1465 in Thursday’s Asian session. The Fed held rates again, expecting two rate cuts by year-end. Traders will take more cues…
EUR/USD whipsawed above 1.1500 following the Fed’s latest rate call and dot plot update. The FOMC still sees 50 basis points in cuts in 2025,…
EUR/JPY loses ground after the post-meeting speech by BoJ Governor Ueda. BoJ Governor Ueda showed JGB purchasing plans through March 2027, aiming to enhance flexibility…
Pound Sterling (GBP) is also entering Thursday’s NA session flat vs. the USD, trading in tandem with its G10 peers and responding headline risk related…
Here is what you need to know on Thursday, May 15: The US Dollar (USD) struggles to find demand to start the European session on…
NZD/USD surrenders intraday gains as the US Dollar recovers some of its initial losses. Investors look for fresh cues on the Fed’s monetary policy outlook…