Rate hike

Markets are resoundingly convinced that the BOJ Rate Decision won't result in a hike at the upcoming meeting that ends on Thursday. But, it also seems the BOJ is having trouble breaking its habit of shocking the market. And economists have…
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Ahead of tomorrow's rate decision by the Reserve Bank of Australia, the dollar from down under has been getting stronger. Of course it was aided a bit last Friday by some weakness in the greenback after the disappointing jobs numbers. But…
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The BOJ Could Finally End Negative Rates Tomorrow There is a lot of anticipation ahead of the BOJ policy meeting to be held early tomorrow (or late tonight, depending on where in the globe you're located). The yen has strengthened…
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The Bank of Canada is one of the few central banks still balancing between hiking and cutting. Although the consensus is pretty strong that the upcoming meeting will end without any policy changes, the uncertainty does imply more volatility…
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After the dollar, the pound was the currency that most appreciated last year as the BOE was among the most aggressive rate hikers among the major central banks. But, the higher the rates go, the more they can come down. Now the question is…
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Markets have apparently full-on embraced the prospect of a Santa Rally this year, with US stock indices scoring 6-year record growth over the last week. For forex traders, that means the dollar has been substantially on the backfoot as…
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All eyes are on Wednesday's FOMC meeting, in which it might be revealed that the Fed won't hike any more this cycle. But, before then, the release of US inflation figures tomorrow can set up expectations even as the members of the…
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EURUSD consolidates ahead of ECB meeting The euro steadies as the market hopes for a hawkish turn in monetary policy. Inflation across the Euro zone saw a sharp retreat with the latest print at 2.4%, from over 10% just a year ago. More…
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USDCHF grinds lower The Swiss franc stalled after November’s CPI showed a large slowdown. The pair has given up most of the gains from the July rally and the lack of swing highs suggests a constant selling pressure. 0.8650 is the current…
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