BOJ’s Sato Softens Dovish Image, Backs Gradual Rate Hikes
Bank of Japan board member Ayano Sato says she backs continued gradual rate increases, softening the dovish read of her…
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USD/CHF range tightens to 27 pips as moving averages converge at 0.83138
USD/CHF has compressed into a 27-pip trading range, with the 100- and 200-hour moving averages converging at 0.83138. The narrow…
Fed’s Daly Ties Future Rate Hikes to How the Economy Absorbs Tariff and Oil Shocks
San Francisco Federal Reserve President Mary Daly backed the September interest-rate increase, citing rising inflation risks. She said further hikes…
BoJ’s Sato Backs Further Rate Hikes, Leaves USD/JPY Confined Near 158
Bank of Japan board member Sato backed further interest rate hikes but declined to say when the next one would…
France’s Debt Crisis Drags Euro to 17-Month Low as UBS CEO Warns of ‘Hard Measures’
France's widening borrowing costs are spilling into currency markets, pushing the euro to its lowest level in seventeen months. UBS…
