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ECB’s Vujčić: We won’t know in Sept, October or even November where the terminal rate is

September 1, 2023

Economic activity is slowing faster than we forecast Softening of economy may help bring down inflation faster But labour market resilience still an upside risk …

Technical Analysis

AUDUSD Technical Analysis – Awaiting the NFP

September 1, 2023

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Inflation expectations and CPI readings continue to show …

Technical Analysis

USDCAD Technical Analysis – The price is at a key support

September 1, 2023

US: The Fed hiked by 25 bps as expected and kept everything unchanged. Fed Chair Powell reaffirmed their data dependency and kept all the options …

Technical Analysis

USDJPY Technical Analysis – Signs of a top are emerging

September 1, 2023

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Inflation expectations and CPI readings continue to show …

Central Banks

ECB’s Villeroy: Our options are open at the next and upcoming rate meetings

September 1, 2023

Underlying inflation has peaked since April and appears to have begun its decline But this encouraging sign is still far from sufficient Our options are …

Technical Analysis

GBPUSD Technical Analysis – Rangebound between key levels

September 1, 2023

US: The Fed hiked by 25 bps as expected and kept everything unchanged. Fed Chair Powell reaffirmed their data dependency and kept all the options …

Central Banks

Japan finance minister Suzuki says sudden FX moves are undesirable

September 1, 2023

Japan finance minister Suzuki with comments crossing – nothing much new from him. Forex moves should be set by the market Sudden FX moves are …

Central Banks

Federal Reserve officials speaking Friday include Bostic and Mester

September 1, 2023

At 1000 GMT, which is 0600 US Eastern time: Federal Reserve Bank of Atlanta President Raphael Bostic participates in a panel discussion at the South …

Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1788 (vs. estimate at 7.2967)

September 1, 2023

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to …

Central Banks

People’s Bank of China to cut FX RRR from 6% to 4% from September 15

September 1, 2023

People’s Bank of China said it will cut the amount of foreign exchange reserves that financial institutions must hold, a move seen as aimed at …

Central Banks

Forecast for the European Central Bank to pause hiking in September

September 1, 2023

European Central Bank minutes were published Thursday: ForexLive European FX news wrap: Euro falls as ECB rate hike bets abate Nordea’s assessment remains that the …