Improved growth prospects in Germany, while the US faces an increased risk of stagflation, may trigger a multi-month bullish move in the EUR/USD
Apr 14
by Kelvin Wong
Central banks news
Stay engaged with the pivotal decisions that influence global economies. We offer timely coverage of central bank announcements, interest rate adjustments, and monetary policy statements, along with their implications for financial markets. Our thoughtful analysis delves into policy trends and the various factors driving central bank decisions, highlighting the resulting price movements across different asset classes.
US Federal Reserve (FED) news
European Central Bank (ECB) news
A busy week ahead with monetary policy decisions from the ECB, China’s key data releases (Q1 GDP, Retail Sales, Industrial Production), US Q1 earnings (Goldman Sachs, Bank of America, Citigroup, UnitedHealth, Netflix), and new developments on US trade tariffs.
6 hours ago
by Kelvin Wong
Bank of England (BoE) news
GBP/USD hits October 2024 levels on mixed UK labor data. Wage growth ticks up ahead of key inflation figures. Market eyes BoE rate decision in May 2025. Technical analysis reveals resistance at 1.3261 and support at 1.3100. Learn more about potential market moves and outlook
6 hours ago
by Zain Vawda
Bank of Japan (BoJ) news
The Japanese yen has extended its gains and is up 1.1% today. The yen is benefiting from safe-haven flows as nervous investors are fleeing the equity markets. BOJ Governor Ueda said today that the BoJ will be monitoring the impact of US tariffs before raising interest rates.
Apr 9
by Kenneth Fisher
Swiss National Bank (SNB) news
US President Trump delivered a bombshell on Wednesday, announcing wide-ranging tariffs. Trump announced 10% tariffs on all imports to the US as well as reciprocal tariffs on a host of countries. The US dollar fell sharply against the major currencies and the Swiss franc soared by 2.5%. Swiss inflation was lower than expected and US ISM Services declined to 50.8, down from 53.5.
Apr 3
by Kenneth Fisher
Bank of Canada (BoC) news
Canada releases CPI for February, which is expected to accelerate to 2.1% from 1.9%. Inflation has remained around the Bank of Canada's 2% target but the trade dispute with the US could boost inflation. US retail sales posted a weak gain of 0.2% after a 1.2% decline in January.
Mar 18
by Kenneth Fisher
Reserve Bank of New Zealand (RBNZ) news
Global stock markets plunged after US President Donald Trump raise tariffs on China to an astounding 104%. China quickly retaliated and lifted tariffs on the US to 84%. New Zealand's central bank lowered rates by a quarter-point to 3.5% and noted concern over the negative impact the tariffs could have on New Zealand's economy.
Apr 10
by Kenneth Fisher
Reserve Bank of Australia (RBA) news
Opening bell in Europe, notes weakness in futures despite Asian stock gains. We highlight President Trump's potential auto tariff adjustments and their impact on market stability. Gold prices are rising, and the US Dollar Index shows possible signs of rebound, though uncertainty remains due to tariff concerns. We look at upcoming economic data releases and provides support and resistance levels for the US Dollar Index.
8 hours ago
by Zain Vawda
People's Bank of China (PBoC) news
This week's market outlook analyzes key central bank decisions, with the Fed and BoE in focus. We also examine US equity fund flows, inflation data, and trade war impacts. Discover support and resistance levels for the S&P 500 and insights into FX and oil markets. Stay informed with our weekly financial market review.
Mar 14
by Zain Vawda
How central banks influence the currency markets
Central banks are powerful institutions that play a crucial role in shaping the foreign exchange (FX) market. Their actions and policies can significantly influence currency values, impacting everything from international trade to investment flows. Understanding how central banks affect forex is essential for anyone involved in global finance. Here are some key ways they exert their influence:
- Interest rates: Higher rates attract investment, strengthening the currency; lower rates weaken it.
- Quantitative easing (QE): Injecting liquidity can weaken the currency.
- Reserves management: Buying the currency supports its price; selling weakens it.
- Market intervention: Direct buying/selling to influence exchange rates.
- Forward guidance: Communication about future policy impacts expectations.
- Crisis measures: Emergency actions to stabilize markets.