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...
Australia's Westpac Consumer Confidence declined by 2% to 92.8 points, reversing two months of positive momentum and raising concerns about the domestic economic outlook. Meanwhile, in the US, the Census Bureau reported that Retail Sales rose 0.7%...
The Canadian Dollar (CAD) continues to trade within its medium-term range against the US Dollar (USD), with the USD/CAD pair stabilizing near the 1.4300 level. This follows a recovery from multi-decade lows last week, as markets assess a combination...
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...
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...
