BoJ likely to keep base rate unchanged amid easing inflation and mixed economic performance. Global economic and political uncertainty to keep BoJ cautious. We now expect BoJ to hike the…
Weeks of speculating about how Israel would respond to Iran's attacks had markets worried about strikes on energy infrastructure or something that would spark a broader war.Instead, the attacks look…
US Dollar holds its ground at the end of the week, remains in consolidation mode. Fed officials remain cautious on inflation, as Durable Goods Orders miss market expectations. Markets continue…
The AUDUSD moved lower earlier this week, and in the process fell below its 100-day moving average at 0.66952. A corrective bounce higher on Tuesday saw sellers lean against that…
Gold recovers, aided by a rise in geopolitical risks after a steep sell-off on the previous day. Speculation that a BRICS Gold-backed currency could become an alternative to the US…
Macklem's opening statement was pre-released, these are the highs of the Q&A with the media:Core inflation is easing as expectedOur growth forecast hasn't changed a great dealWe're going to be…
Crude Oil struggles to uphold $70.00 for more than day, with more downside expected. Traders expect longer sluggish demand as markets reprice Fed rate cut prospects. The US Dollar Index…
As the new trading week begins, the USD buyers are exerting their control. EURUSD: The EURUSD sellers (USD buyers) are moving away from the 100 hour MA at 1.08623, the…