KIWI DOLLAR TALKING POINTS AND ANALYSIS Fed peak + RBNZ hawkishness supportive of NZD. All eyes shift to the US for the rest of the trading week. Technical signals point to downside to come. Want to stay updated with the most relevant trading information? Sign up for our bi-weekly newsletter and keep abreast of the
Bank of Japan Deputy Governor Uchida won’t comment on FX levels says the BOJ aims for price rises accompanied by wage hikes Also, BOJ Director-General of Monetary Affairs Dept Masaki: doesn’t see long-term interest rates to ‘greatly’ exceed 1% even with rising pressure This follows the overnight drop in USD/JPY: USD/JPY plunges on Monday US
There will definitely be a lot to say, now especially as the Japanese yen has fallen in the aftermath of their policy decision today. But I reckon Ueda will continue to maintain that they do acknowledge firmer inflation developments but they’re not at a point yet to abandon easy policy altogether. Essentially, it should be
Following the Australian official inflation data due today Reserve Bank of Australia Governor Bullock and Assistant Governor (Financial Markets) Christopher Kent, will appear before the Senate Economics Legislation Committee (Supplementary Budget Estimates) on Thursday, 26 October 2023. at 9am Sydney time 2200 GMT, 1800 US Eastern time Earlier previews of the data due from Australia
People’s Bank of China Governor Pan Gongsheng spoke over the weekend at the International Monetary Fund meeting in Morocco. positive factors in China’s economic operation are accumulating and the bright spots have increased, and are expected to improve. vowed to provide more substantial support to the real economy the PBOC will provide continuous support to
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
1400 US Eastern time, 1800 GMT: Bank of Canada Deputy Governor Sharon Kozicki will deliver a speech at the University of Regina in Saskatchewan. Topic: How household differences have affected monetary policy since the onset of the Covid-19 pandemic The Bank of Canada appear to be set to hold rates for a period of time
© 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