FX Weekly Recap: June 23 – 27, 2025
Talk about a currency beatdown! USD & CAD cratered while European currencies dominated & CHF was crowned the king!
Talk about a currency beatdown! USD & CAD cratered while European currencies dominated & CHF was crowned the king!
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Bank of England’s dovish stance surprises, GBP faces pressure Source link
Amazon is set to transform its decade-old voice assistant technology with an ambitious Alexa AI overhaul. This revamp aims to equip Alexa with advanced generative artificial intelligence capabilities, promising a more interactive and engaging user experience. As part of this major update, Amazon will also introduce a monthly subscription model, marking a significant shift from…
USD/CAD gathers strength to around 1.4205 in Tuesday’s early European session. The pair keeps the negative view below the 100-period EMA with the bearish RSI indicator. The first downside target to watch is 1.4151; the immediate resistance level emerges near 1.4265. The USD/CAD pair trades in positive territory near 1.4205 during the early European session…
Bank of England Governor Andrew Bailey speaks on the policy outlook and responds to questions from the press after leaving the policy rate unchanged at 4% at the November meeting. BoE press conference key quotes “We need to see downward path of inflation become more established before we cut rates again.” “We are likely to…
Central Reserve Bank of Peru Cuts Interest Rate November 8, 2024 After cutting Peru’s central bank interest rate for an 11th time since September 2023, the BCRP board released a statement that at 5.0% “the real interest rate is approaching the level estimated as neutral. Headline and core consumer price inflation printed at 2.0% and…