ECB Visco says further tightening can continue with caution, regard to steps already taken
Ignazio Visco is Governor of the Bank of Italy and thus a European Central Bank Governing Council member. He spoke over the weekend in front of Italy’s Assiom-Forex financial markets association.: “The policy tightening can now continue with the due caution, carefully assessing the implications for the economy and inflation prospects of the measures that […]
Dollar hits one-week high on caution ahead of central bank meetings By Investing.com
© Reuters By Geoffrey Smith Investing.com — The dollar hit its highest level in a week in early trading in Europe on Tuesday, as markets worldwide dialed down their risk appetite ahead of some big central bank meetings over the next couple of days. By 03:00 ET (08:00 GMT), the , which tracks the greenback […]
AUD/USD extends recovery above 0.7100 despite caution stems in market mood
AUD/USD has scaled to near 0.7115 after a recovery move despite solidifying cautionary market mood. The Fed might hike interest rates by 25 bps and keep them steady at 4.75-5.00% for the remaining year. Australian monthly Retail Sales are expected to display de-growth by 0.3%. The AUD/USD pair has accelerated to near 0.7115 after rebounding from […]
Caution triggers as global growth encounters a downward revision
Asian stocks are expected to remain cautionary as global growth has encountered a downward revision. Global markets are likely to remain on tenterhooks ahead of the US GDP release. Oil price has dropped below $80.50 as the US recession fears are still solid. Markets in the Asian domain are showing signs of caution amid the […]