Monthly archive January, 2024

The U.S. dollar traded weak against most of its major counterparts on Friday amid bets the Federal Reserve will start cutting rates sometime soon this year after data showed the nation's core PCE inflation came in lower than expected in Read More →

Germany's consumer confidence is set to fall in February as persistently high inflation damped income expectations and the propensity to buy amid falling economic expectations. The forward-looking consumer sentiment index unexpectedly fell to -29.7 in February from revised -25.4 in Read More →

The European Central Bank held its key interest rates steady for a third policy session in a row and stuck to its stance that policy would remain restrictive for as long as needed, and did not give any signal regarding Read More →

Citing the outlook for the economy and inflation, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The decision to leave rates unchanged comes as the Bank of Canada said its Governing Council Read More →

The U.S. dollar climbed higher on Tuesday, gaining against most of its major counterparts, on bets the Federal Reserve is unlikely to cut interest rate in March.Original Article Read More →

The Bank of Japan continued to retain its negative interest rate and the yield curve control on Tuesday, navigating opposite to the global move of tightening the policy to address inflationary pressures. The BoJ policy board, led by Governor Kazuo Read More →