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In focus today Focus today is on the ECB meeting, where we expect the ECB to deliver yet another rate cut of 25bp, bringing the deposit rate to 3.25%. Our expectations are supported by the recent weaker-than-anticipated growth indicators, as well as a decline in inflation. We expect that the ECB sticks to the ‘meeting-by-meeting’ […]

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19/12/2024

USD/JPY Rises to a Nearly 5-Month High

According to the USD/JPY chart today, the US dollar has climbed to 157 yen. This movement was driven by monetary policies of both countries’ central banks. The Federal Reserve took a hawkish stance, with Chair Jerome Powell suggesting the possibility of fewer rate cuts in 2025 than earlier expected. On the other side, the Bank […]
27/09/2024

USD/CAD Eyes Canada’s GDP

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20/12/2023

Steady Recovery Signals Strength Amid Market Cautiousness

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