Market Fundamentals: The Reserve Bank of Australia (RBA) opted to keep interest rates steady at 4.35% during its final policy meeting, but its unexpectedly dovish tone signaled the possibility of a rate cut. Market expectations currently reflect a...
Market Fundamentals: Market sentiment has shifted slightly regarding the Bank of Canada’s (BoC) monetary policy stance after stronger-than-expected labor market data. The latest figures revealed that the Canadian economy added more jobs than...
Market Fundamentals: The Federal Reserve’s reinforced hawkish stance has driven US Treasury yields higher, with the 2-year yield climbing to 4.42% and the 10-year yield reaching 4.80%. This surge in yields continues to bolster the US dollar, keeping...
European Central Bank (ECB) policymaker and Bank of France Governor François Villeroy de Galhau has reinforced expectations of rate cuts, stating that it is reasonable for interest rates to reach 2% by summer, as the battle against inflation is...
USD/JPY: Analyzing Recent Downtrend In recent days, the USD/JPY currency pair has experienced a significant downtrend, with the price approaching a critical support level at 149.28. This level has acted as a bounce point for the market in the past,...
