Central Bank Policy Trends

Gold prices found support around the $1,939 range. The primary bearish trend in the 4-hour chart is starting to reverse. The consolidation phase of the past few trading days may be overturned once the bulls take hold.

USDJPY edged lower on Thursday, keeping negative momentum below the psychological mark of 140.00 after failing to break the 141.00 level several times over the past week. The overall outlook remains bullish but is weakening as the Relative Strength Index (RSI) momentum is approaching the border of negative territory and the stochastic oscillator is moving down.

The Bank of Canada unexpectedly raised the overnight rate by 25 basis points to 4.75% and indicated its commitment to continue implementing quantitative tightening (QT) to support the Canadian dollar.

The surprise 25bp hike from the Bank of Canada (BoC) yesterday sent shockwaves across the financial markets.

Malaysia's inflation currently isn't misbehaving, giving the central bank room to keep up its "conditional pause", according to a senior official.

South Korea's central bank warned on Thursday (June 8) that an early shift in its monetary policy stance could pile more pressure on the local currency, a risk that needs to be properly addressed.

The Bank of Canada's decision to resume raising interest rates shook global bond markets and underscored the difficult task faced by central banks as they try to slow economic activity and tamp down inflation.

In a surprising move, the Bank of Canada (BoC) announced an unexpected interest rate hike, raising its target for the overnight rate by 25 basis points to 4.75%. This decision comes after two consecutive meetings where the central bank had paused its tightening campaign. The unexpected rate hike has

Bank of Japan (BOJ) watchers, economists who closely monitor and forecast the central bank's policy adjustments, have revised their predictions following Governor Kazuo Ueda's recent indication of maintaining the current monetary stimulus despite increasing inflationary pressures. As a result, expec

The Bank of Canada has resumed interest rate increases after a five-month hiatus. Demand is proving to be more resilient and inflation could be more persistent. Another hike looks likely in July, but we are wary about pushing for more aggressive action. The attractive risk-adjusted carry can keep CAD in investors' favour for longer .