We are keeping interest rates low, so that inflation remains in range of price stability (target range 0-2%) Our interest rates are where they should be Whether the Franc is correctly valued, overvalued or not is not decisive for our monetary policy What is important is how the exchange rate changes and its effect on inflation We are not…
The Indian Rupee (INR) jumps to near 88.50 in the opening session against the US Dollar (USD) on Tuesday. The USD/INR pair faces a sharp selling pressure as the Indian Rupee strengthens on hopes that the Reserve Bank of India (RBI) has intervened in the currency market to support the Indian Rupee. The RBI likely intervened to shore up…
Markets appear to be positioning for a weak quarterly employment report from New Zealand that could fuel RBNZ rate cut bets, but what if the numbers come in better than expected? Our Event Guide for New Zealand’s Jobs Report suggests that an upside employment surprise could spark a short-term bounce but won’t likely be enough to dampen dovish…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
The most expensive story ever sold Palantir has become the poster child of the AI mania — a stock so steeped in belief it makes even Nvidia look almost reasonable by comparison. The company just printed a quarter that would make any CFO blush: top-line growth of 63%, U.S. commercial revenue up 121%, and a record $600 million in…
New Zealand’s Q3 labor market data could prove pivotal for Kiwi, particularly with the Reserve Bank of New Zealand (RBNZ) maintaining its dovish stance AND markets pricing over 90% odds of another 25 basis point cut at the November 26 meeting. What are markets expecting, and how can you trade the event? Here are the points you…
China’s Vice Premier He Lifeng said Beijing will work closely with international partners to confront new global economic challenges, pledging to strengthen cooperation in trade, investment, and industrial development to bolster global stability. Speaking via livestream on Monday, He acknowledged that the global economic environment faces fresh uncertainties this year, citing rising protectionism, geopolitical tensions, and uneven growth. He…
The Reserve Bank of Australia (RBA) is widely expected to maintain the Official Cash Rate (OCR) at 3.6% after its November monetary policy meeting on Tuesday. The decision will be announced at 03:30 GMT. The Monetary Policy Statement (MPS) will be accompanied by the quarterly economic forecasts, followed by RBA Governor Michele Bullock’s press conference at 04:30 GMT. The…
Markets opened the week in cautious fashion as a prolonged U.S. government shutdown continued to cloud the economic outlook, with equities finding support from AI-driven gains while manufacturing data confirmed ongoing sectoral weakness. Gold and the U.S. dollar both advanced as traders weighed conflicting signals on Federal Reserve policy, while Bitcoin faced selling pressure and oil move on OPEC+…
The European Commission’s trade and economic-security chief, Maroš Šefčovič, has welcomed what he described as “progress on Nexperia, key to restoring a semiconductor supply chain”, signalling the EU’s intensified focus on future-proofing internal chip flows and trade openness. At the same time, he stressed that “our work continues towards lasting stability without export control barriers”, underlining the bloc’s ambition…
