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...
Market expectations for the Bank of Japan (BoJ) to raise interest rates at its upcoming monetary policy meeting have surged, with traders pricing in a 92% probability of a hike. If confirmed, this move would push short-term borrowing costs to levels...
The Canadian Dollar (CAD) remains steady within its medium-term range against the US Dollar (USD), with the USD/CAD pair hovering near 1.4300. This stability follows a strong recovery from multi-decade lows last week, as markets digest mixed signals...
The latest US economic data has painted a mixed picture, influencing market sentiment and expectations for the Federal Reserve's monetary policy. The US Gross Domestic Product (GDP) for the third quarter came in lower than anticipated, signaling...
The NZD/USD pair saw a modest uptick on Tuesday, gaining 0.31% to settle at 0.5655 as buyers sought to reassert dominance. The pair is currently challenging the 20-day Simple Moving Average (SMA) at 0.5650, a critical resistance level that has...
