Forex Market

Navigating by the seat of their pants – that’s a less charitable way to characterize the Federal Reserve’s recently professed reliance on real-time data for policy decisions. While we could extend some acknowledgement to Fed Chair Jerome Powell and his team, it’s apparent that the central bank is gently decelerating …

European stocks fell on Tuesday in volatile trading, as industrial stocks continued their losses for the second session in a row, while cautious investors awaited a series of central bank decisions this week. The European STOXX 600 index fell 0.1 percent by 0717 GMT. Investors are cautious before decisions related …

The euro clung to gains on Tuesday after hawkish comments from policymakers at the European Central Bank, while the yen remained near a ten-month low ahead of an interest rate decision from the Bank of Japan later this week. Currency movements were limited in early Asian trading, as markets await …

The US Dollar modestly declined but remained above 105.00 on a calm week start. It marked the first daily loss after nine consecutive days of gains. This correction has taken place during quiet trading circumstances as markets await key central bank meetings. On Wall Street, stocks opened the week with …

to kick off the trading week, the EUR/GBP pair is decisively climbing over the 0.8600 handle and extending upwards as the Bank of England (BoE) looms over the horizon.Sterling bulls hope to survive this week’s UK inflation data before BoE rate call. The Bank of England is broadly expected to …

Currently suffering, the GBP/JPY pair is trading close to the day’s low of 182.80. The UK’s August CPI, which is anticipating a 0.7% increase over the 0.4% fall from the previous month, will be revealed early on Tuesday. On Thursday, the BoE is anticipated to increase the benchmark interest rate …

The US central bank is expected to skip an interest rate hike at the end of its two-day meeting later this week, but consumers may not feel any relief. The central bank has already raised interest rates 11 times since last year, the fastest pace of tightening since the early …

Statistics Canada is set to release its August Consumer Price Index (CPI) data on September 19, with economists and researchers of five major banks forecasting the data. Headline inflation is expected to be at 3.8% year-on-year, the highest since April and further above the 2% target. On a monthly basis, …

European stocks opened slightly lower on Monday after sharp gains last week, as investors awaited a week full of central bank meetings in Norway, Sweden, Switzerland, Britain and the United States to make decisions on interest rates. The European STOXX 600 index fell 0.2 percent by 0705 GMT due to …

The dollar moved slightly in Asian trading on Monday, amid a rise in the pound sterling and a decline in the yen after a Japanese holiday and anticipation of a group of upcoming central bank meetings led to a state of stagnation in the markets. The Bank of Japan’s monetary …