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NZDUSD Technical Analysis

June 16, 2023

This week, the Fed took a slightly more hawkish approach than expected by keeping interest rates steady at 5.00-5.25 but raising the projected terminal rate …

Central Banks

ECB’s Wunsch: Could hike again in September unless core inflation drops substantially

June 16, 2023

Core inflation holding around 5% could require rate hike in September, possibly beyond Not yet seeing beginning of slowdown in core inflation That’s a better …

Central Banks

ECB’s Centeno: We must act to control inflation

June 16, 2023

Policy is on restrictive terrain, it isn’t a support to growth Rates should remain in restrictive territory for some more time after the summer Again, …

Technical Analysis

AUDUSD Technical Analysis

June 16, 2023

This week, the Federal Reserve appeared slightly more hawkish than expected. They decided to maintain interest rates at 5.00-5.25% without any changes, but they increased …

Technical Analysis

USDCAD Technical Analysis – Key moment

June 16, 2023

This week, the Federal Reserve took a slightly more hawkish stance than expected. They decided to keep interest rates unchanged at a range of 5.00-5.25%, …

Central Banks

ECB’s Holzmann: If things continue as they are, further action will be needed beyond July

June 16, 2023

Has no view on what should happen with rates beyond July But if things continue as they are, then further action will be needed Key …

Central Banks

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 …