Tag: rate

USD/CAD Rate Pulls Back to Generate RSI Sell Signal

Canadian Dollar Talking PointsUSD/CAD carves a series of lower highs and lows as it extends the decline from the yearly high (1.3837), and the exchange rate may face a larger pullback over the...

ECB President Christine Lagarde on Future Interest Rate Hikes

Talking points:Eurozone inflation hit double digits in SeptemberPrice pressures from the disruptions caused by the war in Ukraine and the Covid pandemic are proving more lasting than originally anticipatedEuro depreciation is likely a...

Fed Rate Repricing Softens Dollar Sustaining USD/JPY Below 145

USD/JPY ANALYSISFed’s March 2023 peak rate falls.Options strikes could give Yen short-term support later today.Ascending triangle ominous for JPY. Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from...

ForexLive Asia-Pacific FX news wrap: RBA surprises, smaller than expected 25bp rate hike

The Reserve Bank of Australia increased its cash rate by 25bp at its monetary policy board meeting today, vs. the +50bp rate hike that was widely (though not unanimously) expected. In his accompanying statement Governor Lowe said...

AUD/USD has dropped on the smaller than was expected 25bp RBA rate hike

The consensus was for a 50bp rate hike from the Reserve Bank of Australia at its October monetary policy board meeting. But, nope, the Bank has gone with +25bp. Reserve Bank of Australia...

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