Tag: Central Bank

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EUR Rate Cut Dissent: ING Analysis and Implications

The recent minutes from the June European Central Bank (ECB) meeting have revealed a disagreement among members regarding the decision to cut rates, according...
news-02072024-102020

Fed’s Progress on Inflation and Need for Confidence Before Cutting Rates

Federal Reserve Chair Jerome Powell recently addressed the progress made on inflation and the cautious approach needed before considering cutting interest rates. During a...
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Eurozone Inflation Deceleration Stalled: Analysis and Forecast

Eurozone inflation has been holding steady, with the CPI standing at 2.5% year on year, remaining within the range of 2.4% to 2.6% for...
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Eurozone Inflation Forecast: Slowing Down – ING

The Euro (EUR) experienced a relief rally after the French election results met expectations. However, the rally lost momentum on Monday as doubts emerged...
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Managing Japan’s FX Movements: Hayashi Promises Appropriate Actions

Japan's Chief Cabinet Secretary Hayashi recently stated that appropriate actions will be taken to address excessive foreign exchange movements, aligning with Finance Minister Shunich...
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BOJ Expected to Raise Rates Next Month, MOF Under Pressure: Latest Update

The yen has been weakening recently, with USD/JPY rising above 159.00 and approaching the year-to-date high of 160.17 from April. Despite Japan's intervention in...
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Achieving Stable FX Levels in Japan: Benefits and Strategies

Japan's Chief Cabinet Secretary, Yoshimasa Hayashi, recently emphasized the importance of achieving stable foreign exchange (FX) levels in the country. According to Hayashi, having...
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Bank of England August Rate Cut Review: Action Forex Analysis

The Bank of England (BoE) has decided to keep the Bank Rate unchanged at 5.25% as expected. The vote split remained the same as...
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Bank of England to Keep Rates Unchanged and Approach Cautiously

The Bank of England is set to keep its policy rate unchanged for the seventh consecutive meeting on Thursday. Despite the recent increase in...
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GBP Volatility Ahead: Bank of England Verdict – Action Forex

GBP/USD In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to...

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Matt Gaetz Withdraws Nomination for Trump’s Attorney General

US Representative Matt Gaetz has decided to withdraw his nomination as President-elect Donald Trump's choice for U.S. attorney general. This decision comes after facing...