monetary policy

The eurozone crisis was a financial calamity that rocked the European Union, particularly affecting the countries that had adopted the euro as their common currency. Beginning around late 2009, the…

There is widespread anticipation that the Bank of Canada (BoC) will enact a 25 basis points reduction in its policy rate during its forthcoming meeting scheduled for Wednesday, June 5.…

During the early European session on Wednesday, the EUR/JPY cross managed to snap a two-day losing streak, hovering around 169.30. Traders are keeping a close eye on the European Central…

The ownership of central banks is often a subject of intrigue and curiosity. The Bank of England, as one of the oldest and most influential central banks in the world,…

Interest rates are a critical tool used by central banks to regulate economic activity. The Reserve Bank of Australia (RBA) closely monitors several key economic indicators to determine its monetary…

Ryozo Himino, Deputy Governor of the Bank of Japan (BoJ), sounded a note of caution on Tuesday regarding the prolonged implementation of easy monetary policy. In his remarks, he emphasized…

On Tuesday, the Indian Rupee (INR) saw a weakening trend despite the softer stance of the US Dollar (USD). This decline in the INR’s strength was attributed to lingering uncertainty…

The Australian Dollar (AUD) relinquished its three-day streak of gains on Tuesday, a move likely attributed to Australia’s unanticipated current account deficit of A$ 4.9 billion (USD 3.2 billion) in…

In the European session on Tuesday, the EUR/USD pair experienced a slight decline from the pivotal resistance level of 1.0900. Despite this retreat, the major currency pair remains relatively robust,…

In the Tuesday London session, the Pound Sterling (GBP) saw a correction from the resistance level of 1.2800 against the US Dollar (USD), though maintaining its overall strength. Earlier in…

During Monday’s European trading session, silver prices extended their decline to approximately $30.20 per troy ounce. The downturn followed the release of US Personal Consumption Expenditure (PCE) data on Friday,…

During Monday’s European trading hours, EUR/GBP continued its upward trajectory for the third consecutive session, hovering around 0.8530. The appreciation of this currency pair is primarily attributed to the release…

The term “pounds sterling” is a cornerstone of British economic history and an essential part of the global financial system. Understanding why the British currency is called “pounds sterling” requires…

The European economic crisis, often referred to as the Eurozone crisis, was a period of significant financial turmoil that began in late 2009 and impacted several countries within the European…

The Russian ruble, often represented by the symbol ₽, is the official currency of the Russian Federation. It has a storied history and plays a crucial role in the global…

The Russian ruble (RUB) is the official currency of the Russian Federation and one of the oldest currencies in the world. In recent years, trading the ruble has garnered significant…

The Eurozone crisis, often referred to as the European Sovereign Debt Crisis, was a multi-year financial emergency that affected several countries in the European Union (EU) that use the euro…

The Australian Dollar (AUD) experienced a period of consolidation following the release of lower-than-expected NBS Purchasing Managers Index (PMI) data from China. This development is significant due to the close…

In the London session on Friday, the Pound Sterling (GBP) faced downward pressure as its sharp recovery from a four-day low near 1.2680 lost momentum. The GBP/USD pair traded cautiously…

The Japanese Yen (JPY) faced downward pressure despite encouraging economic indicators from Japan, including a notable increase in the Tokyo Consumer Price Index (CPI) to 2.2% year-over-year in May, up…