GBP/JPY picks up above 213.00 on another suspected Japan intervention
The Pound (GBP) has turned positive on the daily chart against the Japanese Yen (JPY) on Friday, trading at levels a few pips above 213.00 at the time of writing,…
When is US ISM Manufacturing PMI data for April and how could it affect EUR/USD?
US ISM Manufacturing PMI OverviewThe United States (US) Institute of Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI) data for April is scheduled to be published today at 14:00 GMT.According…
BoE’s Pill: Should act more promptly in response to new inflation pressure
Bank of England (BoE) Chief Economist Huw Pill said on Friday that a tightening in financial conditions seem as a reasonable response to the inflation risk from the US-Iran war,…
Fed’s Kashkari: Large enough price shock could require series of rate hikes
Minneapolis Federal Reserve President Neel Kashkari explained on Friday that he dissented at the April policy meeting because the uncertainty around the Strait of Hormuz means the Fed should acknowledge…
Iran reportedly sends latest proposal to US
Citing Iranian sources, several news outlets reported on Friday that Iran has prepesented a new proposal to end the war and a response to the United States' (US) amendments through…
Fed’s Hammack: Uncertainty around economy, policy path has risen
In a statement published on Friday, Federal Reserve Bank of Cleveland President Beth Hammack explained her decision to dissent against the Fed keeping an easing bias in the policy statement,…
ECB’s Makhlouf: Concerned about higher-for-longer energy price scenario
European Central Bank (ECB) Governing Council member Gabriel Makhlouf said on Friday that without a clear timeline for the end of the conflict in the Middle East, he is concerned…
AUD/USD holds steady near highs as markets await RBA rate hike
AUD/USD trades around 0.7200 on Friday at the time of writing, virtually unchanged on the day and holding near recent highs, as markets adopt a wait-and-see approach ahead of the…
GBP/JPY Price Forecast: Buyers defend 100-day SMA as momentum weakens
GBP/JPY stages a modest rebound on Friday after coming under selling pressure earlier in the day amid suspected intervention by Tokyo for a second straight day to curb excessive weakness…
USD/JPY: Intervention risk and oil focus shape outlook – BNY
BNY’s Bob Savage highlights that suspected FX intervention has driven a sharp Japanese Yen rebound, with the Ministry of Finance signaling readiness to act in both currency and crude oil…
