News

The People’s Bank of China (PBOC) kept the one-year interest rate on the medium-term lending facility (MLF) unchanged at 2.50% on Monday. The People’s Bank of China kept the seven-day…

The NZD/USD has attracted some bulls in early Asian trading on Monday. Investors are awaiting New Zealand’s Consumer Price Index (CPI) data due later on Monday. New Zealand’s CPI is…

The USD/CAD struggled to gain any significant momentum on Monday, trading in a tight range around the 1.3650 level during the first half of the European session. The U.S. Dollar…

EUR/USD opened higher on Monday, recovering some of the losses it suffered after hitting a new one-week low on Friday, and is now trading just below the psychological 1.0500 level.…

The AUD/USD was still on the defensive in early Asian trading on Monday. Risk sentiment dominated AUD/USD ahead of Tuesday’s release of US Retail Sales and Reserve Bank of Australia…

Pan Gongsheng, Governor of the People’s Bank of China and Director of the State Administration of Foreign Exchange, spoke at the International Monetary Fund meeting in Morocco last weekend. Positive…

ECB President Christine Lagarde spoke at the International Monetary Fund’s annual meeting in Marrakech, Morocco, this past weekend. Lagarde said underlying inflation in the eurozone remains strong and wage growth…

The most important U.S. economic event will be the September retail sales data. Based on the early release of auto sales data, auto and parts dealers should make a positive…

Addressing concerns over soaring inflation rates, the international community faces a pressing need for resolute action, as articulated by a prominent speaker at the International Monetary Fund-World Bank meeting. High…

Today’s global economic focus centers on the release of the U.S. Consumer Confidence Index, including 5-10 year inflation expectations, by the University of Michigan. In recent months, inflation expectations have…