* This article was originally published here
Thursday, September 30, 2021
End of Third Quarter 2021
The DXY weighted dollar dipped 0.1% overnight but experienced a quarterly advance of around 2.5%. In the Pacific Rim, share prices on the final trading day of the quarter rose 1.9% in Australia, 1.4% in New Zealand, 2.0% in Indonesia, and 0.9% in China but fell by 0.4% in Hong Kong and 0.3% in Japan. […]
* This article was originally published here
* This article was originally published here
Wednesday, September 29, 2021
Tuesday, September 28, 2021
Monday, September 27, 2021
Norges Bank
Central bank rate normalization has begun in Norway. Officials of the Bank of Norway at today’s scheduled policy review decided to increase their policy rate by 25 basis points to 0.25% from a record low of zero percent. This action reverses a 25-bp cut in May 2020 that followed two reductions in March totaling 75 […]
* This article was originally published here
* This article was originally published here
Sunday, September 26, 2021
Considerable Central Bank News and a Whole Lot More
The takeaways from Fed Chairman Powell’s press conference yesterday are that a tapering of Fed bond purchases could begin as soon as right after the next scheduled FOMC meeting and should be drawn down to zero by mid-2022, plus the lift-off date for the fed funds target could occur next year rather than in 2023. […]
* This article was originally published here
* This article was originally published here
Saturday, September 25, 2021
Pound Australian Dollar Exchange Rate News: GBP/AUD Muted amid UK Economic Concerns
Pound (GBP) Undermined by Rising Economic Uncertainty
The Pound (GBP) is trading without any strong directional bias against the Australian Dollar (AUD) today as traders grow increasingly concerned about the UK’s economic trajectory.
As a result surge in wholesale gas prices, the UK is now facing an energy price...
* This article was originally published here
* This article was originally published here
Friday, September 24, 2021
GBP/USD Forecast: Pound to US Dollar Exchange Rate Edges Higher as US Non-Farm Payrolls Fall
The Pound to US Dollar (GBP/USD) exchange has been mixed for much of the day as the latest services PMI...
* This article was originally published here
* This article was originally published here
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