nelienuxe_sara

European Central Bank (ECB) policymaker Gediminas Simkus said on Monday that rate cuts should not be limited to just June unless there are surprises in data, per Reuters. "My thinking is that there are some other interest rate cuts coming in the future, but I will restrict myself from elaborating on

The Japanese yen reversed from early gains against other major currencies in the Asian session on Monday, although the Japanese stock market is closed for Children's Day holiday on the day. The safe-haven currency rose against its major rivals in the last week, following suspected intervention from

Bank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. Elsewhere, Bank of Japan releases summary of opinions. BoE - No rate cuts yet Britain’s economy seems to have escaped the shallow recession it fell into last year, an

Federal Reserve Chairman Jerome Powell and his fellow central bankers are swinging at inflation like a blindfolded kid trying to break a piñata. Do you remember the March FOMC meeting? The Fed released its projections for rate cuts in the coming months. The consensus was for three cuts this year. Fa

Analysts haven’t made up their mind about whether Mr. Powell was hawkish or dovish yesterday. We see both terms applied in various reports. In FX, the consensus seems to fall on the side of dovish and “sell the dollar.” Never mind that rates fell only a little and are higher than anyone else’s. The

Silver stable at $26.64 after Fed holds rates steady, per Chair Powell's data-driven stance. Technicals: Silver rebounds from $26.27 low, eyes $27.00 resistance. Silver hints at bullish trend; breakout above $27.14 could reinforce this. Bearish shift requires silver below $26.13, targeting lower sup