Yesterday’s decision by the Bank of Canada’s Governing Council is a clear sign that its high-interest rate rise policy could be reversed later this year.
The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
Most Recent
BoC Raises Rates by 0.25% to 4.50%; Chinese Stock Market Roars Ahead; Gold Reaches 9-Month High at $1948; US Advance GDP of 2.6% Expected
Australian CPI Reaches 8.4%; New Zealand Inflation Drops Slightly; Gold Reaches 9-Month High at $1942
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Stock Markets Rise Strongly in Asia; Market Awaits Australian, New Zealand CPI Data
EUR/USD Currency Pair Reaches 9-Month High; ECB’s Knot Forecasts Two 0.5% Rate Hikes; US Dollar Declines.
Yen Recover’s Post-BoJ Losses; US 10-Year Treasury Yield Hits 7-Month Low; British Inflation Falls, Poor US Retail Sales, PPI Data.
The Bank of Japan held a monetary policy meeting earlier today, where it was a unanimous vote that all the current policy measures should remain in place.
Bank of Japan Holds Policy Steady, Yen Drops; US Dollar Rises; British Inflation, US PPI Data Due Today
Chinese GDP at 2.9%; Japanese Bond Yields Breach Ceiling; Gold, Canada Inflation Data Due Today.
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Yen Rises, Markets Ponder Upcoming BoJ; Stocks Higher, US Dollar Lower; Gold, EUR/USD Reach New Multi-Month Highs
Annualized US inflation fell from 7.1% to 6.5% over the past month.
Markets Await US CPI data; Report: BoJ Will Consider Policy Side Effects Next Week; Stocks Higher, US Dollar Lower; Gold, Copper, EUR/USD Reach New Multi-Month Highs.
Markets Optimistic on US CPI Tomorrow, Risk Assets Rise; Stocks Higher, US Dollar Lower; Gold, Copper Reach New Multi-Month Highs.
Daly, Bostic Hawkish Comments; Euro, Aussie Hit Long-Term Highs Against USD; Gold, Copper, Cocoa Reaches New Multi-Month Highs
Chinese HSI Reaches 5-Month High; Gold Reaches New 6-Month High; Risk Sentiment Improved on China Opening