Forex

The RBA Monetary Policy Board decided to raise the cash rate by 25bps to 3.85% this week, in line with economist and market expectations. Justifying the decision, the Board stated that inflation had "picked up materially" against a backdrop of "greater momentum in demand".

India's RBI held rates, buoyed by eased US tariffs and a strengthening economic trajectory.

Amid market jitters and China tensions, Trump endorses Japan's PM Takaichi as she seeks a mandate.

Japan's election is dominated by skyrocketing food costs, threatening PM Takaichi as voters demand tax relief amid inflation and a weak yen.

CIBC predicts sharp gold and silver surges, driven by geopolitical uncertainty and dollar weakness.

The ECB maintained its key deposit rate at 2.00%, emphasizing economic strengths and dismissing inflation concerns, signaling no rate changes through 2027.

A close 5-4 BoE vote for a rate hold signals future cuts despite strong PMI data and dovish forecasts.

USDJPY keeps climbing toward the 159 intervention zone as a stronger dollar, weak yen fundamentals, and fading intervention fears fuel bullish momentum, with traders awaiting key U.S. data for confirmation.

Senator Warren urges Treasury to terminate Argentina's $20 billion currency swap, citing its temporary purpose served.