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USDCAD Technical Analysis – Time for a pullback?

October 3, 2023

US: The Fed left interest rates unchanged as expected. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and …

Central Banks

ECB’s Lane: The key is to maintain rates at this level for as long as needed

October 3, 2023

We are data dependent We have reached a level where rates will help to tame inflation These are just some token remarks as he is …

Technical Analysis

USDJPY Technical Analysis – Fear of an intervention limits the upside

October 3, 2023

US: The Fed left interest rates unchanged as expected. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and …

Central Banks

ECB’s Lane: Progress to 2% inflation won’t be as quick as to 4%

October 3, 2023

Food inflation is still quite high now It is still a substantial issue Services inflation now a big contributor I wouldn’t really deny that as …

Central Banks

ECB’s Simkus: Inflation is on its way down

October 3, 2023

Rates need to stay restrictive to tame prices Prompt monetary policy response has been effective I wouldn’t label calling inflation as “transitory” to be a …

Technical Analysis

EURUSD Technical Analysis – The pair remains in a strong downtrend

October 3, 2023

US: The Fed left interest rates unchanged as expected. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and …

Central Banks

AUD/USD little changed after the RBA’s as expected unchanged cash rate announcement

October 3, 2023

The RBA kept its Cash Rate Target unchanged at 4.10%, as expected. The Bank said once again that some further tightening of monetary policy may …

Central Banks

RBA October 2023 decision – leaves cash rate unchanged – full text of Governor’s Statement

October 3, 2023

Earlier post is here: Reserve Bank of Australia leaves its cash rate unchanged at 4.1%, as widely expected Full text of Governor BUllock’s statement is …

Central Banks

Reserve Bank of Australia leaves its cash rate unchanged at 4.1%, as widely expected

October 3, 2023

Headlines via Reuters: Some further tightening of monetary policy may be required Board remains resolute in its determination to return inflation to the target Recent …

Central Banks

Taiwan’s Central Bank says sold USD880mn to intervene in FX market in H1 2023

October 3, 2023

Taiwan’s Central Bank, the Central Bank of the Republic of China, dipping into its USD holdings to fund this. Sold net USD 880mn to intervene …

Central Banks

How much longer can USD/JPY hold under 150? The USD is supported by yields, economy

October 3, 2023

Japan’s finance minister was once again across the news wires with warnings on intervention. Japan fin min Suzuki verbal yen intervention comments – will take …