Boris Vujcic, a member of the European Central Bank (ECB) Governing Council, indicated on Friday that the ECB might initiate a reduction in the policy rate, but with more substantial adjustments. Vujcic expressed a preference for 25 basis points reductions

NZD/USD moves on a downward trajectory after the stronger US GDP figures. Traders await US PCE data to gain cues regarding the Fed’s policy decision in March’s meeting. NZD could gain ground as Kiwi consumer inflation remains above the RBNZ target

FX markets continue to trade in mixed fashion. Economists at ING analyze Dollar’s outlook. Caught between a low rate and a strong US world On the one hand, the mildly pro-risk sentiment should be a mild Dollar negative. Yet, decent

Gold prices are experiencing a lack of clear intraday direction, caught between conflicting factors. The USD is strengthened by reduced expectations of an imminent Fed rate cut, acting as a hindrance for the commodity. On the other hand, geopolitical risks

JAPAN’S NATIONAL CONSUMER PRICE INDEX (CPI) FOR DECEMBER CAME IN AT 2.6% YOY FROM 2.8% IN NOVEMBER, ACCORDING TO THE LATEST DATA RELEASED BY THE JAPAN STATISTICS BUREAU ON FRIDAY. FURTHER DETAILS UNVEIL THAT THE NATIONAL CPI EX FRESH FOOD ARRIVED AT

During the early Asian session on Friday, the NZD/USD pair has shown positive momentum, trading near 0.6120 and adding 0.13% for the day. The pair has found support around the 100-day Exponential Moving Average (EMA) at 0.6115. Investors are closely

Suzuki is closely monitoring foreign exchange (FX) movements. Acknowledges that FX dynamics are influenced by various factors. Emphasizes the government’s vigilant observation of FX developments. Stresses the importance of stable FX movements aligned with underlying economic fundamentals. Market Reaction: The

In December, UK Retail Sales experienced a significant decline of 3.2% MoM, falling well below the anticipated -0.5% and the previous month’s 1.4%, as reported by the Office for National Statistics (ONS) on Friday. The Core Retail Sales, excluding auto

Here’s the key information for Friday, January 19: The risk-on sentiment that dominated Wall Street due to the tech rally failed to extend into Asian trading on Friday. Geopolitical tensions in the Middle East intensified, and persistent concerns about the