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interest rate
KVB Market Analysis | 28 August: Yen Strengthens on BoJ Rate Hike Hints; USD/JPY Faces Uncertainty

KVB Market Analysis | 28 August: Yen Strengthens on BoJ Rate Hike Hints; USD/JPY Faces Uncertainty

The Japanese Yen rose 0.7% against the US Dollar after BoJ Governor Kazuo Ueda hinted at potential rate hikes. This coincided with a recovery in Asian markets, aided by stronger Chinese stocks. With the July FOMC minutes already pointing to a September rate cut, the US Dollar might edge higher into the weekend.

2024-08-28
Today's analysis: USDJPY Poised for Increase Amid Bank of Japan's Strategy

Today's analysis: USDJPY Poised for Increase Amid Bank of Japan's Strategy

The USD/JPY is expected to rise. The Bank of Japan will keep interest rates between 0 and 0.1% and continue its bond purchase plan but may reduce purchases and raise rates in July based on economic data. Technically, the pair is trending upward with resistance at $158.25 and $158.44, and support at $157.00, $156.16, and $155.93.

2024-06-18
Australian Dollar Ticks Up as RBA Holds Key Rate Unchanged

Australian Dollar Ticks Up as RBA Holds Key Rate Unchanged

The Australian Dollar probed higher as the RBA kept its benchmark OCR interest rate unchanged at 1 percent and signaled it may not be in a hurry to cut again.

2019-09-03
Gold Price Consolidation Sets Stage for Rally to Fresh 2019 Highs

Gold Price Consolidation Sets Stage for Rally to Fresh 2019 Highs

Despite rebounds in higher beta assets and higher yielding currencies alike, gold prices have maintained their elevation. Stability in the face of adversity bodes well for the future.

2019-07-15
Gold Prices Maintains Sideways Range Despite Plunge in Gold Volatility

Gold Prices Maintains Sideways Range Despite Plunge in Gold Volatility

With 2019 Fed rate cut odds at their lowest level since May 30, measures of volatility have dropped, and in turn, lower yielding currencies and safe haven assets have suffered.

2019-07-09
Sterling Price Outlook: GBP/USD Bears Grind into Trend Support

Sterling Price Outlook: GBP/USD Bears Grind into Trend Support

Sterling is down more than 3.8% form the yearly highs with price now testing key technical support. Here are the targets & invalidation levels that matter on the GBP/USD charts.

2019-04-25
Kiwi Price Outlook: NZD/USD Post-RBNZ Sell-Off Targets Yearly Support

Kiwi Price Outlook: NZD/USD Post-RBNZ Sell-Off Targets Yearly Support

Kiwi is off nearly 2% from the monthly highs on the back of the RBNZ rate decision. Here are the targets & invalidation levels that matter on the NZD/USD charts.

2019-03-27
FOMC Leaves Rate Range Unchanged, Dollar Dives Before Powell Presser

FOMC Leaves Rate Range Unchanged, Dollar Dives Before Powell Presser

The US government shutdown will have a direct impact on how the Federal Reserve operates at the start of 2019.

2019-01-30
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