interest rates

The British pound was the top performing currency last week with most of the gains coming after the BoE left interest rates unchanged against market expectations. The political developments in the UK also attributed to the GBP's gains over…
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This week was all about the speculative rally in the Japanese yen. Following the weekend elections in Japan which saw Shinzo Abe's party win a majority in the upper house elections, the dollar gained against the yen as investors hoped for…
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Image via Bank of England / Flickr The Bank of England is widely anticipated to cut interest rate by 25bps for the first time in nearly seven years in a bid to cushion the UK's economy from the Brexit shock. The Bank of England's interest…
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The meeting minutes from the June 14/15 FOMC policy meeting showed a cautious approach in the Fed's outlook on the US rate hike decision. Policy makers said that US interest rate hikes should be put on hold until a clearer picture emerged…
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The Japanese yen has been the most consistent currency this year in maintaining a sustained move. While the Canadian dollar and the Kiwi still maintain the second and third position, the Aussie got toppled off mid-way with the weak Q1…
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Will higher oil prices change near-term inflation outlook for the RBNZ or with the Fed most likely to stand pat on policy; has the risk of an RBNZ rate cut increased? The Reserve Bank of New Zealand will be meeting later this evening for…
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The Reserve Bank of Australia is set to announce the interest rate decision on Tuesday at 0430 GMT. Interest rates are expected to stay unchanged at 1.75%. Economic data has been positive since the RBA cut rates by 25 basis points on May…
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The ICE Futures US dollar index closed bullish this week, with prices settling on Friday at 95.73, marking a 2-month high. The dollar was supported by broadly improved fundamentals from the US and hawkish rhetoric from FOMC members over the…
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The Reserve Bank of Australia cut its key interest rate by 25bps to 1.75% after leaving rates unchanged at 2.0% in over a year. Weak inflation data was cited as a reason behind the RBA's decision. The Reserve Bank of Australia lowered its…
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The Bank of Canada will be meeting later today for its monthly monetary policy meeting. Interest rates, currently at 0.50% are expected to remain unchanged amid encouraging data over the past month. While inflation has been somewhat shaky,…
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