Japanese Yen bears turn cautious ahead of this week’s central bank event risks
The Japanese Yen drifts lower against its American counterpart for the sixth straight day. Expectations that the BoJ…
Read MoreECB’s Kazimir: Gradual, step-by-step approach through 25 bps rate cuts is most prudent strategy
European Central Bank (ECB) policymaker Peter Kazimir said on Monday, “gradual, step-by-step approach through 25 basis points (bps) rate…
Read MoreECB’s Kazimir: A Gradual Approach of 25 bps Rate Cuts Is Most Prudent
European Central Bank (ECB) policymaker Peter Kazimir commented on Monday, stating that a gradual, step-by-step approach of 25…
Read MoreMexican Peso dips as markets await Banxico’s move
Mexican Peso remains weaker despite positive economic data. Banxico expected to keep rates unchanged with Citibanamex survey indicating…
Read MorePound Sterling rises to 1.2700 against US Dollar on firm Fed rate-cut bets
The Pound Sterling performs stronger against the US Dollar as markets widely expect the Fed to deliver two…
Read MoreGerman IFO Business Climate Index declines to 88.6 vs. 89.7 expected
German IFO Business Climate Index retreated to 88.6 in June, pointing to a decline in business morale. EUR/USD…
Read MoreMexican Peso finds a floor as Obrador says Peso is backed by “strong economy”
The Mexican Peso bottoms out after falling to 18-month lows midweek. President Obrador hits back at critics and…
Read MoreJapanese Yen loses ground, while US Dollar remains stable ahead of Fed decision
The Japanese Yen edges lower as traders favor the US Dollar ahead of the Fed's interest rate decision.…
Read MoreUS CPI data Preview: Headline inflation set to steady in May, core inflation to inch down
The US Consumer Price Index is forecast to rise 3.4% YoY in May, at the same pace as…
Read MoreBoJ’s Tamura: Uncertain About Rate Hikes, Focuses on Economic Factors
Naoki Tamura, a board member of the Bank of Japan (BoJ), shared insights on the central bank’s interest…
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