Tag: Central bank policy
EUR/JPY Forecast: Plunges to 5-Week Low on BoJ Rate Hike Signals
EUR/JPY experienced a significant drop of almost 1% on Tuesday due to the strengthening of the yen following hawkish discussions that suggest the Bank of Japan may increase interest rates. This resulted in the...
Federal Reserve Seeks Confidence Before Implementing Rate Cuts
The Federal Reserve recently released its Semi-Annual Monetary Policy Report, highlighting that while there has been some progress on inflation this year, they are still seeking greater confidence before considering rate cuts. The Fed...