Sage Investment Club

Swedish crown gains on central bank forecast for more hikes, softer dollar By Reuters

© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Alun John LONDON (Reuters) – The Swedish crown rallied on Thursday after the country’s central bank raised interest rates and forecast further tightening, while the dollar weakened against most other currencies alongside positive […]

Binance to Suspend USD Bank Transfers from Wednesday

Crypto exchange giant, Binance is suspending US dollar deposits and withdrawals using bank transfers on its global platform from Wednesday. However, the service limitations will not affect the customers of Binance US, its US-based arm. https://t.co/gM6e3xb9BX customers can continue to safely and securely withdraw and deposit USD on our platform. Learn how to deposit USD: […]

Australian dollar jumped higher after the Reserve Bank of Australia +25bp rate hike

<p>The post on the Reserve Bank of Australia policy decision is here:</p><p class="article-slot__title title top"><a href="https://www.forexlive.com/centralbank/australia-rba-raises-the-cash-rate-by-25bp-to-335-as-expected-20230207/" rel="follow" target="_self" class="article-link">Australia – RBA raises the cash rate by +25bp to 3.35%, as expected</a></p><p>The statement from Reserve Bank of Australia Governor Lowe sounded a hawkish note, stating cleary the Board expects further rate hike increases (i.e. more than […]

Japan sounds out BoJ deputy Amamiya for central bank governor

The Nikkei reported that Japan’s government has approached Bank of Japan Deputy Gov. Masayoshi Amamiya as a possible successor to central bank chief Haruhiko Kuroda while Tokyo prepares for the first change of leadership at the BOJ in a decade. ”Government and ruling coalition officials said the subject had been discussed with Amamiya. The 67-year-old career central […]

Bank of England Pill: I expect we will proceed with QT over the coming years

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

World Stocks Rally Following Central Bank Updates &vert;

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Gold Treads Water Ahead of a Cascade of Central Bank Hikes. Where to for XAU/USD?

Gold, XAU/USD, US Dollar, FOMC, DXY Index, ECB, BoE, Crude Oil – Talking Points The gold price is steady today as markets await central banks actions The US Dollar tried higher but pulled back into the range amid uncertainty The market is eyeing today’s FOMC meeting. What will it mean for XAU/USD? Recommended by Daniel […]

Dollar cautiously firm ahead of busy central bank week By Reuters

© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar firmed on Monday and distanced itself from an eight-month trough ahead of a slew of central bank meetings this week, including the Federal Reserve’s, with traders keenly focused […]