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Mufg sees limited scope for usd/jpy to move higher from its current level

This summary of MUFG on the yen is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic f...

June 7, 2023, 9:20 pm

Boc rate hike rattles stock, bond and gold markets

Stocks are declining after investors got spooked when the Bank of Canada restarted their rate hiking campaign. Canada’s central bank is viewed as on...

June 7, 2023, 6:10 pm

Gold futures settle at lowest in more than a week

Gold futures ended sharply lower on Wednesday, with prices at their lowest in more than a week. Given how the market has have entered the blackout per...

June 7, 2023, 6:00 pm

Eur/usd, gbp/usd, usd/cad, usd/jpy – canadian dollar gains ground as boc raises rates

BoC noted that monetary policy was not sufficiently restrictive to push inflation back to the 2% target...

June 7, 2023, 4:24 pm

Usd wobbles but outlook brightens, eur/usd & usd/jpy embark on divergent trends

The U.S. dollar wobbled on Wednesday, despite a rise in U.S. Treasury yields, but its outlook is turning more positive given shifting ...

June 7, 2023, 4:15 pm

Gold price forecast: xau/usd to hit $2,100 by year-end – anz

Economists at ANZ Bank analyze Gold (XAU/USD) outlook. Strong labour data suggests the Fed needs to tightening ...

June 7, 2023, 3:45 pm

Jpst, igsb, mint: best short-duration parking lot

The unprecedented speedy tightening monetary cycle we're still witnessing has caused a tremendous shift...

June 7, 2023, 2:18 pm

Boc hikes 25bps, inflation concerns increased

BoC surprises the markets by raising the overnight rate by 25bps to 4.75% today. Correspondingly, the Bank Rate now sits at 5.00%, and deposit rate at...

June 7, 2023, 2:13 pm

Gold futures settle at lowest in more than a week

Gold futures ended sharply lower on Wednesday, with prices at their lowest in more than a week. Given how the market has have entered the blackout per...

June 7, 2023, 1:51 pm

Forexlive european fx news wrap: dollar lightly lower as markets lack appetite

Headlines:ECB's Knot: Outlook for rate policy after July is unclearECB's Knot: Prolonged monetary tight...

June 7, 2023, 11:40 am

Gbpjpy technical analysis

Given the last hot CPI report, the BoE is expected to keep raising rates as it combats with one of the highest inflation rates among the majors. The B...

June 7, 2023, 10:01 am

Oecd upgrades global growth outlook, advocates for restrictive monetary policies

In the latest Economic Outlook, OECD has slightly upgraded global growth forecasts, and stressed the need for central banks to maintain restrictive ...

June 7, 2023, 9:53 am

Ecb's knot: prolonged monetary tightening might still lead to stress in financial markets

Inflation expectations in markets seem optimisticA bit of a warning but you'd think that they might want to steer clear of this conversation as they a...

June 7, 2023, 8:46 am

Bank of canada preview: four analysts’ predictions and cad dollar forecasts

Ahead of today’s key BoC monetary policy decision, analysts at ING Bank forecast the Canadian dollar ...

June 7, 2023, 8:14 am

Circle singapore gains mas approval for digital payments service

Stablecoin issuer Circle has cemented its presence in Asia by obtaining a Major Payment Institution (MPI) license from the ...

June 7, 2023, 6:38 am

Rba lowe: some further tightening of monetary policy may be required

In a speech, RBA Governor Philip Lowe revealed further insight into the central bank’s decision-making process and concerns regarding inflation. Low...

June 7, 2023, 3:21 am

Forexlive asia-pacific fx news wrap: pboc sets cny even weaker

Australia’s Treasurer Chalmers says rising interest rates are impacting on economic growthMorgan Stanley says the RBA is likely to raise rates only ...

June 7, 2023, 2:57 am

Audusd soars on rba hike, eurusd underperforms, cad, gbp, jpy wrap

Futures suggest that Japan’s bond market is functioning better, reducing pressure on the central bank to alter its monetary-easing program. The spre...

June 7, 2023, 1:29 am

Bank of canada monetary policy decision due wednesday, 7 june 2023 - 'on hold' preview

CIBC expect the Bank of Canada to remain on hold at the policy meeting today:1400 GMT is 10am US Eastern time. Via CIBC, tipping no change at the meet...

June 7, 2023, 12:45 am

Rba governor lowe says if inflation stays high we will feel a lot of pain

Reserve Bank of Australia Governor Lowe spoke earlier:RBA Gov Lowe: Further tightening of monetary poli...

June 7, 2023, 12:12 am


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