Ruble weakness following the latest round of US sanctions makes a large rate hike in December very likely. This Friday, ...

The latest macro indicators have all but reinforced expectations that the Bank of England (BoE) will keep rates on hold on ...

EUR/USD bounces back after refreshing a more than three-week low at 1.0340 after the Fed meeting. However, the outlook of the ...

The US Dollar Index (DXY) reached 108.28, the highest level not seen since November 2022, on Thursday as the Fed’s Summary of ...

The Bank of England is set to keep the interest rate on hold, hinting at 2025 action.

Britain pays – salaries are up 5.2%YoY in October, indicating more price pressures. While the core Consumer Price Index (core ...

“In neighbouring Norway, concerns about an excessively weak NOK have somewhat eased, but EUR/NOK close to 11.80 is still ...

FX markets received a wakeup call from a hawkish Fed, with USD up over 1% overnight post-FOMC. December seasonality of US Dollar (USD) softness doesn’t seem to apply for Dec-2024 so far. The Dollar ...

USD/CAD retreats after touching a fresh multi-year peak earlier this Thursday. The overbought RSI prompts some profit-taking ...

The market reaction was very aggressive, of course. The US yields and the dollar jumped, the S&P500 sold off nearly 3%. The Fed probably spoiled this year’s Santa rally, as its hawkish shift could ...

“USD/JPY has surged through 155 on the back of the hawkish Fed and a hesitant BoJ. The direction of travel looks clearly towards the 158/160 area – an area where the BoJ has sold close to $100bn this ...

FOMC decision to cut the target range of the Fed funds rate by 25bps to 4.25-4.50% was not unanimous, with one member voting for a hold, OCBC’s FX analysts Frances Cheung and Christopher Wong note.