Euro holds firm, yen struggles ahead of bumper central bank week By Reuters

© 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

Russian rouble pares some gains after central bank hikes rates By Reuters

© 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

Dollar hovers near six-month high before key central bank decisions By Reuters

© Reuters. Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Harry Robertson and Vidya Ranganathan LONDON/SINGAPORE (Reuters) – The U.S. dollar hovered near a six-month high on Monday as traders looked ahead to interest rate decisions from the Federal Reserve, the Bank of England and

All Eyes on the Bank of England Rate Decision

GBP/USD Analysis and Charts The Bank of England is likely to raise rates by 25bps next Thursday. Will the BoE follow the trend of a ‘hike and hold’ For all market-moving economic data and events, see the DailyFX Calendar Recommended by Nick Cawley How to Trade GBP/USD Next week’s Bank of England interest rate decision

Lebanon central bank will limit access to new FX platform, vice governor says By Reuters

© Reuters. A view shows Lebanon’s Central Bank building in Beirut, Lebanon August 25, 2023. REUTERS/Mohamed Azakir/File photo By Maya Gebeily BEIRUT (Reuters) – Lebanon’s central bank will restrict access to a new currency exchange platform set to launch within weeks to ensure U.S. dollars traded on the system are coming from “legitimate sources”, one

Japanese Yen Rallies on Bank of Japan’s Ueda Comments. Will USD/JPY Reverse?

Japanese Yen, USD/JPY, US Dollar, BoJ, Ueda, Intervention, JGB, Yields, – Talking Points USD/JPY recoiled lower on Monday after remarks from BoJ Governor Ueda The BoJ might be prepping the market for policy adjustments further down the track The yield spread between JGBs and Treasuries might be worth watching Recommended by Daniel McCarthy Trading Forex