© Reuters. The anticipated depreciation of the British Pound in Q4 2023 is closely tied to the Bank of England’s interest rates. This analysis looks into three Sterling pairs that are predicted to be impacted by this development. The pair is expected to face challenges due to the dominant US Dollar. The strength of the
© Reuters. The Bank of Mauritius is currently experimenting with the launch of a digital rupee, as confirmed by its Governor Harvesh Seegolam at the Bloomberg Financial Forum on Wednesday. This development is part of the central bank’s initiative to modernize its financial services sector and position itself as a multinational treasury headquarters hub. The
© Reuters. FILE PHOTO: Agustin Carstens leaves after G-20 finance ministers and central banks governors family photo during the IMF/World Bank spring meeting in Washington, U.S., April 20, 2018. REUTERS/Yuri Gripas/File Photo By Marc Jones LONDON (Reuters) – Developing national digital currencies are at risk due to a lack of legal powers to issue them
More again from Bank of Japan Governor Ueda, trying his hand at some verbal intervention to support the yen. Who wants to tell the Gov that a 500-odd bp yield differential between the US and Japan is a very strong fundamental that is moving the USD/JPY rate? Ueda: important for FX to move stably reflecting
© Reuters. The Japanese yen fell sharply on Friday after the Bank of Japan (BOJ) decided to keep interest rates in negative territory at -0.1 percent. This decision came just days after the Federal Reserve signaled that U.S. borrowing costs would remain high, exerting pressure on the Japanese currency and raising the possibility of government
JAPANESE YEN – USD/JPY OUTLOOK Bank of Japan’s decision on Friday will steal the limelight. BoJ is expected to stand pat on monetary policy, but could subtly signal that a change in strategy in looming on the horizon. This article looks at key USD/JPY levels to watch in the coming days Trade Smarter – Sign
Bank of Canada Deputy Gov. Sharon Kozicki is speaking and says: One of the big drivers in August CPI inflation was energy and gasoline prices. They can be pretty volatile It will take a lot of time to sort through the inflation data, given what’s going on underneath Energy prices on their own, if it’s
© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee and Amanda Cooper LONDON/SINGAPORE (Reuters) – The euro got a lift on Tuesday from a report that indicated the European Central Bank may soon start discussing how to drain some of
© Reuters. FILE PHOTO: A view shows a Russian one rouble coin in front of a screen in this illustration picture taken August 22, 2023. REUTERS/Maxim Shemetov/Illustration/File Photo By Alexander Marrow (Reuters) -The rouble strengthened on Friday but gave up some intraday gains after the Bank of Russia raised interest rates to 13%, a move