The US Dollar (USD) remains under pressure as Federal Reserve Governor Michelle Bowman reiterated her preference for a cautious approach to interest rate cuts, citing persistent inflation above the central bank’s 2% target. Meanwhile, the benchmark...
As investors seek safe-haven assets, the Yen could strengthen, exerting downward pressure on the pair. However, uncertainty surrounding the Bank of Japan’s (BoJ) monetary policy stance may limit the JPY’s gains. BoJ Governor Kazuo Ueda has...
The Bank of England (BoE) has issued a cautionary note regarding the inflationary risks posed by Chancellor Rachel Reeves' expansive Autumn Budget, signaling that it may adopt a more measured approach toward rate cuts in 2025. This contrasts with...
Traders are bracing for significant shifts in global trade policy under a potential Trump administration, with expectations that he could sign over 200 executive orders upon returning to the White House. Among the anticipated measures are higher...
The Reserve Bank of Australia's (RBA) closely watched Trimmed Mean Consumer Price Index (CPI) showed a decline to 3.5% in the third quarter from 4.0%, yet inflation remains above the central bank’s target range of 2%-3%. This persistent inflationary...
