Hawkish

© Reuters. Investing.com -  The strengthened against its U.S. counterpart on Tuesday, as a hawkish hold from the Bank of Canada vs. a reaffirmation of upcoming rate cuts fromput pressure on the USDCAD pair.  The held rates at 5.0%…

ICYMI my heads up on this from earlier in the week:Federal Reserve Chair Powell is heading to Congress on Wednesday and Thursday to present one of his twice-a-year testimonies.First up will be his appearance before the House Financial…

© Reuters. Investing.com-- Most Asian currencies moved in a flat-to-low range on Wednesday, while the dollar strengthened as markets positioned for more cues on the U.S. economy and interest rates due later in the week. The New…

© Reuters. Investing.com-- Most Asian currencies fell on Friday, while the dollar steadied from recent losses as hawkish signals from the Federal Reserve and strong U.S. labor data cast more doubts over early U.S. rate cuts. The…

The first Federal Open Market Committee (FOMC) meeting of 2024 is behind us and the markets no longer seem convinced that we will see an interest rate cut the next time the 12 committee members meet in March. Some 34% of the market expect a…

GBP/USD AnalysisBank of England Unconvinced about Recent Inflation ProgressThe Bank of England’s statement on Thursday dismissed recent progress in the fight against inflation in a broad warning against complacency. The Monetary Policy…

GBP/USD Analysis and ChartBoE monetary policy left unchanged, 3 members vote for a 25bp hike.Fed’s dovish pivot sends global bond yields slumping to multi-month lows.For all market-moving economic data and events, see the DailyFX…

Japanese GDP and JPY AnalysisJapanese Q3 GDP revised lower as inflation weighs on spendingJapanese government bond yields recover sharply, buoying the yenNon-farm payrolls could extend recent moves on weaker jobs dataThe analysis in this…

© Reuters. Investing.com-- Most Asian currencies rose slightly on Wednesday as weak U.S. labor data spurred continued bets on early interest rate cuts by the Federal Reserve, helping investors look past persistent concerns over…

Investing.com-- Most Asian currencies rose on Wednesday as less hawkish signals from Federal Reserve officials ramped up hopes for an early interest rate cut in 2024, which put the dollar near four-month lows.  The was the best…