Bank of Japan (BoJ) Governor Kazuo Ueda recently signaled that the timing for the next rate hike is drawing closer. This, coupled with data indicating solid underlying inflation in Japan, fueled expectations that the BoJ could raise rates at its...
US Treasury yields continue their downward trajectory, with the 2-year and 10-year bonds standing at 4.27% and 4.66%, respectively, both dropping by over 2%. Meanwhile, the US Dollar Index (DXY), which measures the dollar's strength against a basket...
The core inflation gauge, which excludes volatile food and energy prices, increased by 3.2% year-over-year, slightly lower than last month’s 3.3% rise and market expectations. Meanwhile, geopolitical developments have added a layer of uncertainty to...
The USD/CHF pair continues its upward trajectory, trading around 0.9115 on Tuesday during early European hours, marking its fourth consecutive day in positive territory. This movement is largely driven by renewed strength in the US Dollar (USD),...
The AUD/USD pair has regained upward momentum, once again testing the critical 0.6300 resistance level. This movement comes amid renewed weakness in the US Dollar (USD) as markets brace for the release of key US inflation data on Wednesday. The...