USD/JPY steadies after suspected Japan intervention, US data in focus

USD/JPY steadies after suspected Japan intervention, US data in focus

USD/JPY trades around 157.00 on Monday, virtually unchanged on the day, after a sharp move during the Asian session briefly sent the pair down to 155.71 before a swift rebound. This sudden move, without any clear fundamental catalyst, is fueling speculation of another intervention by Japanese authorities in the foreign exchange market. The Ministry of […]

Gold declines as hawkish interest rate outlook and firm US Dollar weigh

Gold declines as hawkish interest rate outlook and firm US Dollar weigh

Gold (XAU/USDS) kicks off the week under pressure, hovering near one-month lows as hawkish interest rate expectations continue to weigh on the non-yielding metal amid ongoing tensions in the Middle East. At the time of writing, XAU/USD is trading around $4,560, down nearly 1.10% on the day. Strait of Hormuz tensions keep markets on edge […]

Expected to on prolonged hold – Societe Generale

Expected to on prolonged hold – Societe Generale

Societe Generale economists report that the Bank of England’s (BoE) Monetary Policy Committee (MPC) left Bank Rate at 3.75% with an 8–1 vote. Their base case is for rates to remain unchanged through 2026, though further hikes of 50–75 bps are possible if the US‑Iran conflict persists. Recent UK data show stronger borrowing as households […]