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USDCAD: Data Support for BoC Cut

The Bank of Canada (BoC) will announce its monetary policy decision this week, where consensus expects the BoC to increase its pace of monetary...

GBPUSD Ahead of BOE Policy This Week

The pound sterling rose above $1.31 as attention turns to UK inflation data and the Bank of England meeting. The BoE is expected to...

USDJPY: Yen Reaches Strongest Value in 13 Months

USDJPY dropped to a 13-month low to the psychological 140.00 mark. Over the past 4 weeks, USDJPY fell 4.49%, and in the past 12...

EURUSD: This Week, It’s the ECB’s Turn to Play a Role

EURUSD on Friday fell from a 1-week high and closed down -0.23%. The Dollar recovery weakened the euro, in addition to weaker than expected...

Before Christmas: There’s Still a crucial BOJ Meeting

The Bank of Japan is the only central bank that has not raised interest rates, although inflation has exceeded the 2% target for the...

Peso weakens after Banxico maintains interest rates

The Bank of Mexico chose to keep its highest benchmark policy rate at 11.25%, as expected, at its November 2023 meeting. This decision, the...

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