With the BOE widely expected to keep rates steady this week, all eyes are now on the UK’s May CPI report to see if inflation is still cooling as forecast. Will the latest figures support rate cut hopes, or will sticky price pressures delay the central bank’s next move? Here are the points you need to know…
Prior -82.0 Economic sentiment 47.5 vs 35.0 expected Prior 25.2 This article was written by Justin Low at www.forexlive.com.
EUR/JPY loses ground after the post-meeting speech by BoJ Governor Ueda. BoJ Governor Ueda showed JGB purchasing plans through March 2027, aiming to enhance flexibility and predictability. The odds of an ECB rate cut in September have slipped to 50%, down from 60%. EUR/JPY halts its winning streak that began on June 5, trading around 167.20 during the early…
2025.06.17 2025.06.17 Central Banks Divest US Dollar. Forecast as of 17.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Foreign central banks are reducing their holdings of US Treasuries. Additionally, counterparties are increasingly opting to abandon the US dollar in international settlements. Let’s discuss these topics and make a trading plan for the EURUSD pair. The article covers the following subjects: Major Takeaways Foreign central…
Looking for a way to jump on the anti-dollar train? USD/CHF is fast approaching a key trend resistance zone on the 4-hour time frame. Check it! USD/CHF 4-hour Forex Chart by TradingView USD/CHF has been stuck in a downtrend for over a month, with traders backing the franc as global trade jitters ease and U.S. debt and Fed rate…
The thing about the enemy of my enemy being my friend is that the two might find out that they don’t have much else in common besides that. Brussels and Beijing have been trying to be more cordial to each other as of late but with Trump mostly backing down, the sour relations between the two are starting to…
AUD/JPY trims part of intraday gain near 163.45 in Tuesday’s Asian session. The BoJ left policy settings unchanged at its June meeting on Tuesday. China’s May Retail Sales grew at the fastest pace since December 2023. The AUD/JPY cross trims gains near 94.50 during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar…
One of the biggest events during this jampacked trading week is the June FOMC announcement, as traders are eager to find out how tariffs are affecting the central bank’s policy stance. Even better, this upcoming Fed decision comes with the updated quarterly forecasts for growth and inflation. Here’s what to look out for when trading this major…
MUFG expects the Bank of Japan to keep its policy rate unchanged at 0.5% at its June monetary policy meeting, citing a highly uncertain economic outlook. The bank also sees no shift in the current roadmap for reducing bond purchases and believes there is little pressure to adjust the pace of tapering in fiscal year 2026. However, MUFG notes…
USD/CAD edges higher to near 1.3580 in Tuesday’s early Asian session. Persistent Middle East geopolitical tensions continue to support the US Dollar. Traders await the US May Retail Sales data later on Tuesday for fresh impetus. The USD/CAD pair recovers some lost ground to around 1.3580 during the early Asian session on Tuesday. The US Dollar strengthens against the…
