Gold Price Forecast: XAUUSD melting in a vacuum under the weight of a hawkish...
US yields are pushing up as the Federal Reserve deepened their hawkish tilt. Economists at TD Securities see few participants left with appetite to buy...
USD/CNY could reach the 6.70 level if PBoC triggers further rate cuts – SocGen
The People’s Bank of China (PBoC) appears reluctant to trigger further headline policy rate cuts. However, when most lockdowns are lifted, the central bank...
BoJ’s Kuroda: BoJ should persistently continue with current aggressive monetary easing
In a live IMF/World Bank meeting panel, Bank of Japan Governor Haruhiko Kuroda reiterated his dovish stance that, though Japan's inflation rate maybe around 2.0%...
BoE Governor Bailey: Will only do QT active sales in a stable market and...
Bank of England Governor Andrew Bailey on Friday remarked that the bank will only conduct active sales of assets on its balance sheet in...
US Treasury Sec Yellen: US economy is being very resilient in the face of...
In an interview on CNBC, US Treasury Secretary Janet Yellen stated on Friday that the US economy is being very resilient in the face...
USD/CHF jumps toward 0.9600, hits highest levels since June 2020
US dollar rises sharply across the board during the American session amid risk aversion. S&P 500 falls more than 1% for the second...
Pound Sterling Price News and Forecast: GBP/USD plunges to 18-month-old fresh lows
GBP/USD plunges to 18-month-old fresh lows around 1.2820s on weaker UK data and dismal mood The British pound plummets and breaks below 1.3000 and...
US Dollar Index reached a two-year-high at 101.331 on Fed policymakers comments
The US Dollar Index (DXY), hits a fresh 25-month high on Fed official’s comments. Fed speakers in the week support 50-bps rate hikes...
S&P 500 fell below 4300 on its worst day since March, and the Dow...
The S&P 500, the Dow Jones, and the Nasdaq Composite recorded losses in a risk-off market mood. Fed speakers in the week support...
USD/JPY grinds higher towards 128.60s amidst risk-off and BoJ Kuroda’s dovish comments
Despite US Treasury yields falling, the USD/JPY gains 0.27%. Fed hawkish comments and BoJ’s dovish chatters lift the USD/JPY to positive territory. USD/JPY...