The Federal Reserve delivered as expected, foresees two rate cuts in 2025. The Bank of England will announce its decision on monetary policy early on Thursday. GBP/USD approaches the 1.2600 mark after gaining near-term bearish...
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New Zealand’s Gross Domestic Product (GDP) shrank by 1.0% QoQ in the third quarter (Q3) compared with a 1.1% contraction (revised from -0.2%) in the second quarter, Statistics New Zealand showed on Thursday. This reading came...
Consensus leans towards no move while we stuck to our view for a hike. Typically, BoJ MPC decision can matter for USD/JPY but this time, the USD/JPY may also matter for BoJ given the >3%...
The Japanese Yen dives to a one-month low after the BoJ’s decision to leave rates unchanged. The Fed’s hawkish shift remains supportive of elevated US bond yields and also weighs the JPY. The risk-off impulse...
What you need to take care of on Thursday, December 19: Financial markets spent most of the day in wait-and-see mode ahead of the Federal Reserve’s (Fed) monetary policy announcement. The Fed delivered, as expected,...