In the latest currency markets coverage, it was significant to see the dollar/yen pair breaking its positive correlation with US Treasury yields on Tuesday as the Bank of Japan’s decision to raise interest rates this morning overshadowed the factors influencing the yen’s price movement.The U.S. dollar has continued to rise …

US Treasury bond yields have been declining since the start of the Federal Open Market Committee meeting earlier on Tuesday, with markets awaiting the FOMC decision to be issued, Wednesday, amid expectations that the Federal Reserve will keep the interest rate unchanged.Expectations of a rate cut by the Federal Reserve …

The Canadian dollar dipped against its US counterpart after data revealed a steeper-than-expected decline in inflation. This has fueled speculation that the Bank of Canada may cut interest rates sooner than anticipated.Canadian Inflation Cools, Rate Cut Speculation Heats Up Canada’s Consumer Price Index (CPI) fell below the key 3% mark …

The Fed meeting will be closely watched for any signals of a shift in its monetary policy stance. A dovish hold with a timeline for QT could calm markets, while a hawkish tilt due to inflation concerns could lead to volatility.The Federal Reserve’s interest rate decision on Wednesday, March 20, …

Market jitters ahead of the Federal Open Market Committee (FOMC) meeting on Wednesday are putting pressure on the Euro (EUR) against the US Dollar. The EUR/USD is trading at 1.0863, down 0.08% at the time of writing.Positive signs in Eurozone:Investor sentiment in the Eurozone received a boost after Germany’s ZEW …

The US Federal Reserve will announce its Interest Rate Decision on Wednesday, March 20 at 18:00 GMT and as we get closer to the release time, here are the expectations as forecast by analysts and researchers of 15 major banks. The Fed is expected to keep rates unchanged in the …

Positive signs emerged from the US housing market as both Housing Starts and Building Permits in February surpassed expectations. This data bolstered the US Dollar Index (DXY) which climbed to its highest point since early March, currently hovering around 104.00; specifically 0.05% up at 103.836.All eyes are now on the …

The US Dollar kicked off the week on a strong note, fueled by rising US Treasury yields and diminishing expectations of an interest rate cut by the Federal Reserve in June. This greenback surge weighed on riskier assets, pushing the Euro (EUR/USD) below 1.0900, a multi-day low.The Dollar Index (DXY) …

Standard Chartered raised anticipation regarding Bitcoin’s price during the remaining months in 2024, the bank sees the new estimate on the back of exchange-traded funds, broadly known as ETFs, driven positive market conditions. The bank previously predicted that Bitcoin could hit $100,000 by year-end. The current estimate is even higher …

Oil prices are rallying, reaching their highest point since last November. West Texas Intermediate (WTI), a leading indicator for American crude, surpassed the $82 per barrel mark for the first time in months.This surge is fueled by escalating concerns about a potential oil shortage. Despite record output from non-OPEC nations …