GBP/JPY extends rally after UK Retail Sales and Mann’s comments boost the Pound
GBP/JPY rises over one-and-a-quarter percentage points on Friday, to trade in the 191.80s, as it builds on considerable gains ...
Norges Bank gets ready for the next rate cuts the following year – Commerzbank
Norges Bank ultimately did what was perceived reasonable by the markets. It maintained its position that the key interest ...
USD/CAD: CAD drifts back to the upper 1.35s – Scotiabank
The Canadian Dollar (CAD) is drifting back to very familiar ranges this morning. Spot is finding it hard to break away from ...
BOJ surprises with removal of forward guidance – UOB Group
The Bank of Japan maintains its monetary policy unchanged, but removes its forwards guidance, to the sheer surprise of the ...
JPY: Bank of Japan’s tapering hawkishness
BoJ’s pruning hawkishness: The BOJ left rates unchanged at 0.25% and signaled a cautious approach to further hikes, likely ...
Weekly focus: Fed initiating the easing cycle with 50bp cut
The main event this week was the monetary policy meeting in the US where markets prior to the meeting were historically divided between a 25bp and 50bp cut. The Federal Reserve chose to lower the ...
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US Dollar set to post third consecutive week in red as dust from Fed meeting settles
The US Dollar consolidates on Friday after weakening further on Thursday.. Traders have repriced the US Dollar amidst the Bank of Japan and Bank of England’s decisions to keep rates on hold. The US ...
BoE remains cautious for the near future – Commerzbank
This means that in the upcoming meetings, the Bank of England will continue to take a pause in the cutting cycle from time to time.” “This cautious approach, which is also appropriate given the ...