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Tag: Foreign Exchange News

Here’s what’s at stake for markets as Bank of Japan sticks to its dovish path

Posted on June 17, 2022 By admin No Comments on Here’s what’s at stake for markets as Bank of Japan sticks to its dovish path
Here’s what’s at stake for markets as Bank of Japan sticks to its dovish path

Following a week of historic rate hikes and aggressive moves by the Federal Reserve and other major central banks, the Bank of Japan has hardly ever seemed more like a rebel standing athwart the consensus. And after its two-day policy meeting Friday, the BOJ, as expected, left interest rates at ultraloose levels, despite a plunging…

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In `fragile ‘financial markets ahead of Fed’s decision, some traders and strategists see risk of instant recession

Posted on June 14, 2022 By admin No Comments on In `fragile ‘financial markets ahead of Fed’s decision, some traders and strategists see risk of instant recession
In `fragile ‘financial markets ahead of Fed’s decision, some traders and strategists see risk of instant recession

Financial markets are on precarious footing since last Friday’s surprise reading on accelerating US inflation for May – with Treasurys, stocks, credit and currencies all exhibiting friction or tension ahead of the Federal Reserve’s interest-rate decision on Wednesday. According to strategist Ben Emons and trader Tom di Galoma, the process of transmitting monetary policy through…

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