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Forex Today: Markets’ attention gyrates around the BoJ, US data
The US Dollar managed to regain balance and reverse the post-CPI pullback on Thursday along with investors’ assessment of a potential one interest rate cut by the Fed at some point by year-end and declining US yields across the curve.
Fxstreet
Jun 13, 2024
Banxico Governor assures market stability amid Mexican Peso volatility
Bank of Mexico (Banxico) Governor Victoria Rodriguez Ceja commented on Wednesday that the central bank has the tools to intervene in the markets and restore market order after the Mexican Peso depreciated more than 9% following the June 2 election.
Fxstreet
Jun 13, 2024
BoC's Kozicki: BoC to end quantitative tightening in 2025
Bank of Canada (BoC) Deputy Governor Sharon Kozicki noted on Thursday that the BoC is set to end its quantitative easing program and that future applications of QE will have a very high bar to pass before accessing additional monetary policy mechanisms.
Fxstreet
Jun 13, 2024
Powell strikes a more balanced tone – ABN AMRO
As expected, the Federal Reserve (Fed) kept monetary policy on hold again in its June meeting, reiterating that it will take longer to gain confidence that inflation is on its way back to 2%, says Rogier Quaedvlieg, Senior Economist at ABN AMRO.Fxstreet
Jun 13, 2024
