Ueda Speech: BoJ Governor discusses interest rate outlook at the press conference
After concluding its two-day monetary policy review on Thursday, the Bank of Japan (BoJ) is expected to hold the short-term ...
USD/INR reaches fresh highs as Fed projects a slower pace of further rate cuts
The US weekly Initial Jobless Claims, Existing Home Sales, and final reading of Q3 GDP data will be released later on ...
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BoE expected to stand pat as investors look for signs of further interest-rate cuts in 2025
The Bank of England is set to keep the interest rate on hold, hinting at 2025 action. UK inflation accelerated further in November, albeit within expectations. GBP/USD trades within a well-limited 200 ...
Japanese Yen accelerates the downtrend after BoJ Governor Ueda's comments
The Japanese Yen consolidates its recent losses against the USD to a one-month trough. Traders opt to move to the sidelines and await the BoJ decision before placing fresh bets. The USD preserves the ...
Microsoft stock gets slammed on hawkish Fed dot plot
The Fed produces a Summary of Economic Projections (SEP) each quarter, and the latest version arrived on Wednesday. The SEP includes the so-called “dot plot” — a projection of where each voting member ...