ECB's Schnabel: I do not see a reason for a further rate cut
Rates are already mildly accommodative Inflation risks are tilted to the upside Tariffs are on balance inflationary Less worried about…
Category: Forex Signals
Gold remains the standout today, eyes major upside breakout above $3,500
Gold is up another 0.6% today as buyers continue to keep poised in chasing a major breakout move to start…
USD/JPY back above 147.60, USD stronger across the majors board, while gold shakes it off
Gold has hit a record high above USD3500 and is just below there as I update. Cited are expectations for…
Xi, Putin put on a united front at the SCO summit
The images tell a lot about the message that they are trying to send. And Xi himself is not shying…
Japan government to compile economic measures to deal with inflation, tariffs – report
The report says that Japan’s prime minister, Shigeru Ishiba, is wanting to make arrangements to instruct ministers to compile economic…
investingLive Asia-Pacific FX news wrap: Gold hits another record high, above US$3500
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.…
Goldman Sachs: Trump may pivot to new tariff tools if courts reject IEEPA-based hikes
Goldman Sachs says most of this year’s tariff increases hinge on legal authority that could yet be overturned in the…
Australian net exports contribute +0.1% to Q2 GDP (economic growth)
Australian Net Exports Contribution (Q2) +0.1% expected 0.0%, prior -0.1% Current Account Balance -13.7bn AUD expected -16.0bn, prior -14.7bn The…
BoJ's Himino says despite 3 rate hikes inflation still high, real rates still low
BOJ Deputy Governor Himino says Japan’s real interest rate remains very low Appropriate to continue raising rates in line with…
PBOC sets USD/ CNY central rate at 7.1089 (vs. estimate at 7.1325)
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also…