Tag: rate cut
Uncovering the Complexity of an Upcoming ECB Rate Cut
The European Central Bank (ECB) is expected to decrease rates by 25 basis points next week, however, there is a possibility of a surprise...
Bank of Canada Reduces Policy Rate to 4.5%
The Bank of Canada recently made the decision to lower the overnight rate to 4.50% from 4.75%, while also confirming that Quantitative Tightening (QT)...
MLF Day in China: People’s Bank of China Not Expected to Cut Rates |...
The People's Bank of China announced on the 15th of this month that the Medium-term Lending Facility (MLF) rate will remain at 2.5%. This...
Bank of Korea to Maintain Rates in July, Cut 25 bps in Q4: Reuters...
The Bank of Korea (BOK) has decided to keep its policy rate at 3.50%, which is the highest in 15 years. However, a Reuters...
EUR/USD Surges to Friday Highs on Rate Cut Hopes
The EUR/USD currency pair experienced significant movement last week, reaching highs of 1.3840 as investors reacted to the US Nonfarm Payrolls (NFP) report. Despite...
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...
USD/CAD Gains Near 1.3700 as Fed Delays Rate Cut Timing
The USD/CAD pair stopped its six-day losing streak and is currently trading around 1.3700 in the Asian session on Monday. This turnaround was prompted...
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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European Space Startup Raises $160M for Reusable Astronaut Capsule
European Space Startup Raises $160M for Reusable Astronaut CapsuleA European space startup called The Space Exploration Company (TEC) has successfully raised $160 million to...
