EUR: More Rate Cuts “Reasonable” – ECB

The Japanese yen is down for a third straight day and has declined 1.5% this week. USD/JPY has risen 0.43% on the day and is trading at 155.35 at the time of writing. Early Thursday, the BoJ will release the Summary of Opinions from the April meeting. Japanese officials remain mum about suspected interventions on […]

Markets “There’s still no rush”, Fed governor Waller’s sequel to February’s “What’s the rush”, resonated through Asian and early European dealings. The Fed’s minority leader wants to see at least a couple of months of additional evidence that inflation is sustainably descending to the 2% inflation target. The very low (CPI) comparison bases in March […]

Market Picture The crypto market rose 2.3% in 24 hours to reach a cap of $2.07 trillion, growing steadily throughout Monday. However, cautious Asian market dynamics on Tuesday morning have interrupted the recovery near levels seen late last week. This recovery has yet to improve sentiment, with the index remaining at 26 for the third […]