Category: rate

  • Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Fed’s Bowman explains dissent. Says she would have preferred a smaller rate cut

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Goldman Sachs: BOE rate outlook post-September meeting

    Goldman Sachs expects the Bank of England to cut interest rates by 25 basis points at its November meeting, following the recent decision to keep the bank rate on hold. Key points: Details of the Bank of England decision: The Monetary Policy Committee voted 8-1 The bank interest rate will…

  • Goldman Sachs: BOE rate outlook post-September meeting

    Goldman Sachs expects the Bank of England to cut interest rates by 25 basis points at its November meeting, following the recent decision to keep the bank rate on hold. Key points: Details of the Bank of England decision: The Monetary Policy Committee voted 8-1 The bank interest rate will…

  • Asia FX rises as rate cut dents dollar; yen firms as BOJ holds course By Investing.com

    Most Asian currencies rose on Friday, while the dollar suffered losses after the Federal Reserve cut interest rates by a wide margin and began an easing cycle. The Japanese yen was among the best performing currencies, rising after the Bank of Japan kept interest rates on hold and said it…

  • Stocks Extend Rally, Yen Gains as BOJ Holds Rate: Markets Wrap

    (Bloomberg) — Asian shares extended a rally in global equity markets after jobs data supported the view that the U.S. economy is headed for a soft landing. The yen rose after the Bank of Japan left interest rates unchanged. Most Read from Bloomberg MSCI Asia Pacific Index rose as shares…

  • Asian stocks rise on rate cut cheer; Japan trims gains after BOJ By Investing.com

    Most Asian stocks rose on Friday, tracking gains on Wall Street overnight, as investors welcomed a major interest rate cut by the Federal Reserve. Japanese stocks outperformed their regional peers, but pared early gains after the Bank of Japan kept interest rates steady but said it expected inflation to continue…

  • US rate cut brings cheer to Kenyan investors

    Kenya is expected to see lower bank borrowing costs, gains on the Nairobi Stock Exchange and a rise in the shilling against the dollar after the US Federal Reserve began expected interest rate cuts on Wednesday, sending dollars into emerging markets. The US central bank cut its benchmark interest rate…

  • Stay long on the yen amid rate hikes, improving growth- BCA By Investing.com

    Bets on a stronger yen have become more entrenched amid attractive valuations of domestic assets, the prospect of further interest rate hikes and an improving Japanese economy, BCA Research said. The yen has staged a stunning recovery over the past two months, as hawkish Bank of Japan policy, a weaker…

  • Japan’s Inflation Speeds Up Ahead of Expected BOJ Rate Hold

    Breadcrumbs Path Links PMN Business Japan’s core inflation gauge rose for a fourth straight month in August, hours before the Bank of Japan is due to conclude its latest policy meeting. Article author: Bloomberg News Yoshiaki Nohara Published on September 19, 2024 • Last updated 16 minutes ago • Read…

  • People’s Bank of China rate cuts are expected today: LPRs, repo

    The People’s Bank of China is expected to cut its key reverse repo rate today, along with its key lending rates. The Fed’s rate cut this week is expected to pave the way for PBOC cuts. The People’s Bank of China has turned to the 7-day repo rate as the…

  • CBA shifts expected RBA rate cut timing to December 2024 (from November)

    The Commonwealth Bank of Australia has decided to postpone the expected date of the Reserve Bank of Australia’s first interest rate cut from November 2024 to December 2024. Expect a 25 basis point cut. The recent strength in employment growth coupled with relatively hawkish rhetoric from the RBA Governor means…

  • Asia FX muted as dollar rises past bumper rate cut; yen down before BOJ By Investing.com

    Most Asian currencies moved in a flat-to-low range on Thursday as the dollar rose sharply after a large interest rate cut by the Federal Reserve was offset by less dovish signals on future interest rates. The Japanese yen was among the worst performing currencies on the day, falling amid pressure…

  • $200m in crypto liquidated following 50bps Fed rate cut

    The cryptocurrency market has seen impressive bullish momentum following the long-awaited interest rate cut by the US Federal Reserve, which has led to increased liquidation. According to data provided by Coinglass, total crypto liquidations have increased by 46% over the past day, reaching nearly $200 million. Most of the liquidated…

  • $200m in crypto liquidated following 50bps Fed rate cut

    The cryptocurrency market has seen impressive bullish momentum following the long-awaited interest rate cut by the US Federal Reserve, which has led to increased liquidation. According to data provided by Coinglass, total crypto liquidations have increased by 46% over the past day, reaching nearly $200 million. Most of the liquidated…

  • Dollar claws back losses after Fed goes big on rate cut By Reuters

    Written by Ray Wee SINGAPORE (Reuters) – The U.S. dollar rose broadly on Thursday, reversing a brief slump following an overly aggressive interest rate cut by the Federal Reserve that was widely priced in by markets. The U.S. central bank on Wednesday began its monetary easing cycle with a larger-than-usual…

  • It’s a huge day coming up in Asia on Friday – Japan CPI, PBOC rate setting, BOJ meeting

    Japan’s national CPI data for August is due out on Friday. We got the Tokyo CPI data for August, which came in higher than July: Tokyo area inflation data for August: 2.6% y/y (2.2% previously) The Bank of Japan statement comes a few hours later. No change in interest rates…

  • Hong Kong’s central bank follows the Fed, cuts base rate by 50bp to 5.25%

    You will notice that the HKCB prime rate is slightly higher than the federal funds rate. The Hong Kong dollar is traded within a range pegged to the US dollar set by the Hong Kong Monetary Authority. You can see the boundaries of the range in the chart below. The…

  • Forexlive Americas FX news wrap 18 Sep: Fed starts rate cuts with a 50 bp cut

    The Fed started its easing cycle by cutting interest rates by 50 basis points. The Fed has “reset” its monetary policy stance away from a period when inflation was high and employment was low. Now the baseline is that inflation is stable, and employment is not that low. The Fed…

  • What is the technical roadmap for the USDCHF through the FOMC rate decision.

    In this video, I take a look at the technical roadmap for traders through the FOMC rate decision. What could increase the bearish bias and why? What could shift the bias to the upside – at least in the short term. With the price falling and trading near the 2024…