EUR/USD surges over 1% as ECB rate hike talk hits USD
EUR/USD reverses course and rises by more than 1.16% after the European Central Bank (ECB) held rates unchanged, while a leaked source revealed that policymakers are ready to discuss rate hikes as soon as April. In the US, the Federal Reserve (Fed) kept rates steady while the Fed Chair Jerome Powell struck a neutral-to-hawkish tone […]
Dollar rejected at 200-day SMA, drops towards 0.7900
The USD/CHF pair trades more softly during the North American session on Thursday despite the Swiss National Bank’s (SNB) verbal intervention in the forex markets to depreciate the Swiss Franc (CHF). Broad US Dollar (USD) weakness pushed the major down 0.31% to 0.7906. USD/CHF Price Forecast: Technical outlook The technical picture shows that USD/CHF buyers […]
Growth resilience versus demographic drag – BNP Paribas
BNP Paribas highlights that Central European economies are holding up well despite a shrinking population and working-age cohort. The bank notes continued support from EU funds, strong productivity gains relative to wages, and a highly educated workforce. It also flags medium-term risks to competitiveness and potential growth from worsening demographics by 2030. Demographic headwinds versus […]
Hawkish hold under energy shock – Rabobank
Rabobank’s Senior Macro Strategist Stefan Koopman notes that the Bank of England (BoE) kept Bank Rate at 3.75% but adopted a distinctly hawkish tone as a renewed energy shock lifts inflation projections. The Monetary Policy Committee (MPC) is seen as “ready to act”, with Koopman now forecasting a single 25bp hike, potentially in April, while […]
JPY: BoJ holds but flags further hikes – BNY
BNY’s Head of Markets Macro Strategy Bob Savage notes that the Bank of Japan (BoJ) kept its policy rate around 0.75% with an 8–1 vote, noting moderate economic recovery and inflation near 2%. Source link
Gold hits one-month low near $4,700 as Fed’s hawkish stance weighs
Gold (XAU/USD) dives to a fresh low since February 6 during the first half of the European session on Thursday, though it finds some support near the $4,700 round figure. The US Dollar (USD) preserves the previous day’s strong gains fueled by the US Federal Reserve’s (Fed) hawkish outlook, which, in turn, is seen as […]
XAG/USD struggles near $75.50 on firm hopes of Fed’s extended pause
Silver price (XAG/USD) struggles to gain ground even after sliding to a fresh monthly low of $75.50 during the late Asian trading session on Thursday. The white metal has come under pressure amid the speculation that the Federal Reserve (Fed) will hold interest rates steady in the current range of 3.50%-3.75% in the entire year. […]
AUD/JPY holds gains to near 112.50 after BoJ keeps rates steady as expected
The AUD/JPY cross holds gains near 112.45 during the Asian trading hours on Thursday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) after the Bank of Japan (BoJ) interest rate decision. Traders will closely monitor Governor Kazuo Ueda’s press conference for any hints about the next move. As widely expected, the BoJ decided […]
GBP/USD slides below 1.3300 ahead of Thursday’s BoE decision
GBP/USD fell around 0.7% on Wednesday, sliding below the 1.3300 handle as Cable continues to grapple with the technical level. The sell-off extends the pullback from the late-January high near 1.3870, with the pair now trading below both of its key daily moving averages. Wednesday’s decisive bearish candle suggests the indecisive price action of the […]
USD/JPY jumps and eyes 160 as hawkish Fed lifts US Dollar
USD/JPY posted solid gains of nearly 0.40% on Wednesday after the Federal Reserve (Fed) kept interest rates steady, hinting at just one rate cut in 2026. At the time of writing, the pair trades at around 159.60, remaining volatile. Yen weakens as Fed hints limited easing, Powell reinforces cautious stance In his press conference, Fed […]
