Tag Archives: interest rate hikes

The dollar was broadly stable ahead of US inflation data later on Wednesday, although it rose against the yen as investors digested comments from the Bank of Japan Governor indicating a possible end to negative interest rate policy. The US currency rose about 0.2 percent to 147.39 against the yen. …

Early Tuesday trading saw a decline in the EUR/USD pair, and buyers are attempting to make up ground. Midweek economic data from the US and EU will make the charts more difficult to read. Along with US inflation data due soon, the ECB rate decision is just around the corner.After …

The EUR/USD pair increased to 1.0755, a four-day high. Prior to the ECB decision on Thursday, expectations for the tightening ECB remain stable. The US CPI data for August are expected on Wednesday. The EUR/USD rose towards the 1.0755 region at the beginning of the week, with gains of more …

The Euro Zone is experiencing economic setbacks, with the EUR/USD pair piercing the 1.0700 level and maintaining a bearish trend. The dollar is gaining strength, with EUR/USD trading below the 1.0700 threshold for the first time since early June. Financial markets are cautious due to solid US macroeconomic figures and …

The USD/CAD pair increases as rising US Treasury yields result from positive economic data in the United States. Although the Bank of Canada maintained interest rates steady, it cautions that further increases should not be ruled out. Despite the BoC’s aggressive stance, the US dollar dominates the foreign exchange market, …

The Governing Council of the European Central Bank (ECB) will convene the following week. Analysts believe that the ECB will carry out one more 25 basis point rate hike. They claim that the ongoing strong inflation momentum and the anticipated inflation levels above the target are what led to this …

SoftBank Group’s Arm is aiming for a valuation of more than $52 billion in its initial public offering, making it the year’s largest stock market debut. According to a regulatory filing on Tuesday, SoftBank (TYO:9984) is issuing 95.5 million American depository shares of the Cambridge, United Kingdom-based company for $47 …

Higher Treasury yields knocked on growth stocks in the United States on Tuesday, as a slowing pace of rise in China’s services activity fueled concerns about demand in the world’s second-largest economy. The 10-year Treasury note yield has risen to 4.21% ahead of additional economic data and the Federal Reserve’s …

The EUR/USD fell to 1.0786 at the time of writing after initially climbing to 1.0880. US manufacturing PMIs revealed better than anticipated outcomes. Following the announcement, the US Dollar Index and Treasury rates both dramatically increased.The USD changed direction in response to stronger Institute for Supply Management (ISM) PMIs following …

Loretta J. Mester, President of the Federal Reserve Bank of Cleveland, stated on Friday, following the NFP report, that the job market remains strong despite signs of rebalancing. She downplayed the increase in the Unemployment Rate to 3.8%, stating that this level “is still low.”Speaking at an event in Germany, …