admin – Page 1015

ECB’s Rehn: Future decisions will continue to follow a data-dependent approach

June 16, 2023

We’re also hearing from other ECB speakers simultaneously, with Muller stating that interest rates have not yet reached the peak. Meanwhile, Simkus is saying that …

Central Banks

BOJ’s Ueda: we have not changed policy because Japan’s inflation is not sustainable

June 16, 2023

It is true that the yen has weakened recently It is possible that inflation will fall under 2% in the future Well, the headline remarks …

Technical Analysis

EURUSD Technical Analysis

June 16, 2023

The Fed this week came out slightly more hawkish than expected keeping interest rates unchanged at 5.00-5.25% but adding 50 bps to the projected terminal …

Central Banks

ECB’s Nagel: We may need to keep raising rates after the summer break

June 16, 2023

Still a long way to go to reach inflation target Well, the expectations are certainly building and 2-year German bund yields have just hit a …

Central Banks

BOJ’s Ueda says no comment on FX levels

June 16, 2023

No comment on exchange rate There are both positive and negative impacts from a weak yen Important for currency to move stably reflecting economic fundamentals …

Technical Analysis

GBPUSD Technical Analysis – Pound on fire

June 16, 2023

The Federal Reserve this week was a bit more hawkish by keeping interest rates steady at 5.00-5.25 but raising their projected terminal rate by 50 …

Central Banks

BOJ’s Ueda: More time is needed to meet 2% inflation target

June 16, 2023

Expects inflation to slow towards the middle of fiscal year 2023 Japan economy still faces very high uncertainty Will update progress of the review of …

Central Banks

Bundesbank: German economy to shrink by 0.3% in 2023

June 16, 2023

Economy to expand by 1.2% in 2024 and 1.3% in 2025 respectively German inflation seen at 6.0% in 2023, 3.1% in 2024, 2.7% in 2025 …

Technical Analysis

EUR/USD Price Forecast: 1.133 by the end of 2023?

June 16, 2023

EUR/USD technical analysis and price forecast video Currency trading is a complex and ever-changing market, but there are some key trends that can help you …

Central Banks

JP Morgan expects the European Central Bank to hike to 4% in September

June 16, 2023

JP Morgan expect further rate hikes from the European Central Bank. They had already been tipping a +25bp in July. Add in a +25bp in …

Central Banks

BOJ announces no change to JGB Yield Curve Control tolerance band, as widely expected

June 16, 2023

Statement from the Bank of Japan after its June 2023 monetary policy meeting. No change. BOJ maintains short-term interest rate target at -0.1% maintains 10-year …