News
Important Only
ECB’s Panetta: ECB can gradually reduce rates in line with disinflation process
Investing.comJul 9, 2024
Dollar gains ahead of Powell testimony; euro stabilizes
FxstreetJul 9, 2024
USD/CNH: All eyes on 7.2950 – UOB Group
USD/JPY: A slight chance to break above 161.30 – UOB Group
NZD/USD: The pair is set to rise above 0.6180 – UOB Group
AUD/USD: Likely to rise to 0.6800 – UOB Group
Economic Indicator
ECB’s Panetta: ECB can gradually reduce rates in line with disinflation process
European Central Bank (ECB) executive board member Fabio Panetta said on Tuesday that the ECB “can gradually reduce rates in line with the disinflation process.” Additional quotes Should be ready to respond quickly to any shocks in one direction or the other.Fxstreet
Jul 9, 2024
Forex
Forex Today: US Dollar stabilizes as focus shifts to Fed Chairman Powell's testimony
Here is what you need to know on Tuesday, July 9: The US Dollar stays resilient against its major rivals early Tuesday, with the US Dollar Index moving sideways near 105.00 after posting small gains on Monday.Fxstreet
Jul 9, 2024
Economic Indicator
BoJ: Comparing with overseas central banks, a reduction of ¥2-3 trillion is desired
Following the conclusion of the first day of meeting with market participants, the Bank of Japan (BoJ) said that it “received various views from participants in the survey including idea to reduce monthly buying to around ¥2-3 trillion, or to keep buying around V4 trillion.” “Opinions from bond market participants on pace of tapering included idea to taper at set pace swiftly, or taper swiftly at set pace then taper moderately in several stages, or reduce buying gradually over two years,” the BoJ said.Fxstreet
Jul 9, 2024
