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Tag: quarter-point increase

Euro falls sharply on soft Manufacturing PMIs – MarketPulse

Euro fall below 1.05 German, eurozone manufacturing PMIs remain deep in decline The euro is sharply lower on Monday. In the North American session, EUR/USD...

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USD/JPY Outlook: Yen Gains Safe Haven Appealaven

International authorities took action to limit the spread of a simmering banking crisis. There were negotiations between Swiss authorities and UBS to...

USD/CAD Weekly Forecast: Markets Expecting 25bps BoC Hike

Retail sales and housing data from the US pointed to a slowing economy. Canadian retail sales rebounded in December. There is a 70%...

While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes

Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the “implications for the U.S. economy are highly […]

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