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Fed minutes kept the DXY above.
The upside risk of inflation is clearly seen in last night's published minutes. FOMC members are seeking another 50-bps rate hike in the next meeting, and strong economic and Job data give the Fed more headroom to keep raising interest rates. These c...
Yen and the New Governor!
Soon Bank of Japan will be led by someone else. The Japanese Government's nomination of Kazuo Ueda for the post of BOJ Governo will replace Governor Kuruda in April. Now, the market focuses on how Ueda will steer monetary policy. Most economists beli...
Ripple and SEC comet story
The ongoing legal battle between the SEC and XRP still affects its market price. While other digital assets are involved in supply and demand, XRP has an additional headache, which, if it wins, can encourage the whole crypto market. Still, if it lose...
RBNZ Preview | February 2023
Reserve Bank of New Zealand will hold its first monetary policy meeting this year on February 22. In its last meeting in November 2022, with a 75bp rate increase, Central Bank in New Zealand raised its primary interest rate to 4.25%. With a significa...
A worrying start on the busiest day of the week
We will have a busy Tuesday with PMI numbers from Europe and the US and Canadian inflation data. We are optimistic about most of these data results as lower energy prices in the past months can be a good driver for the global economy. Expected data c...
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