Monthly archive October, 2022

Singapore's central bank tightened its monetary policy stance for the fourth time this year after core inflation moved closer to a 14-year high. The Monetary Authority of Singapore on Friday decided to re-centre the mid-point of the S$NEER policy band Read More →

The U.S. dollar gained ground against its most major counterparts in the European session on Thursday, as the nation's consumer prices increased more than expected in September, intensifying expectations for another 75-basis point rate hike by the Federal Reserve in Read More →

The U.S. dollar turned in a sluggish performance on Wednesday with traders looking ahead to the crucial inflation data for the month of September, for clues about Federal Reserve's next move on interest rate hikes.Original Article Read More →

South Korea's central bank lifted its key interest rates on Wednesday, citing tightening stance of the US Federal Reserve and stubbornly high inflation. The Monetary Policy Board of the Bank of Korea decided to raise the Base Rate by 50 Read More →

The Bank of England has stepped up measures to calm the bond markets again and the bank repeatedly cautioned about a material risk to the financial stability. In a statement released Tuesday, the BoE said it will widen the scope Read More →

The U.S. dollar climbed higher against most of its major counterparts on Monday, extending recent gains, amid bets the central bank will continue to aggressively hike interest rates.Original Article Read More →