RBNZ proceeded with a 50 basis-points rate cut during the Asian session today and the NZD weakened across the board, as the bank’s decision was more dovish than market expectations. RBNZ’s Cash...
JPY weakened during today’s Asian session, after having a strengthening against the USD yesterday, as tensions seem to ease somewhat. JPY initially strengthened further as the US had blamed the...
Tomorrow during the Asian session (04:30, GMT) RBA will be releasing its interest rate. Currently AUD-OIS imply a probability for the bank to remain on hold at +1.00% of 92.86%. Given the past...
With a very eventful week nearing its end, the next seems to be less turbulent, yet still could shake the markets. From New Zealand and Australia, we get RBNZ’s and RBA’s interest rate decisions...
US President Trump tweeted yesterday that he will impose new tariffs of 10% on 300 Billion USD worth of Chinese imports by September 1st. The main reason cited for the move is the slow pace of...
The Fed decided to cut rates by 25 basis points yesterday, lowering them to the 2.00% -2.25% range. Despite the cut the USD strengthened as Fed’s Chairman Jerome Powell, suggested that the easing...
All eyes are on the FED, as today at 18:00 (GMT) the FOMC is to release its interest rate decision, and is expected to cut rates for the first time in 8 years. Fed Fund Futures imply a probability...
As was widely expected, BoJ maintained its interest rate at -0.10%, which caused little reaction on the JPY. The bank also left unchanged the guidance on interest rates, as it will keep current...
The USD remained rather strong against a number of its counterparts after the release for the preliminary US GDP for Q2. The GDP growth rate outperformed expectations reducing worries for a...
Very fortunately, traders have a very busy weak ahead and the market could provide unexpected trading opportunities. We have three Interest rate decisions coming up...