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 […]

South Korea, Australia central banks renew currency swap agreement By Reuters

2/2 © Reuters. FILE PHOTO: The logo of the Bank of Korea is seen on the top of its building in Seoul, South Korea, March 8, 2016. Picture taken on March 8, 2016. REUTERS/Kim Hong-Ji/File Photo 2/2 SEOUL (Reuters) – South Korea’s central bank said it renewed on Monday a currency swap agreement with its […]

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 […]

World Stocks Rally Following Central Bank Updates |

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USD/CHF extends Fed-inflicted losses towards 0.9020 support, central banks, US NFP eyed

USD/CHF prints three-day downtrend as sellers flirt with 18-month low. Fed drowned US Dollar with dovish hike, downbeat US data also favor USD/CHF bears. Monetary policy decision from ECB, BoE could escalate market volatility, making them important to watch. US jobs report eyed as Fed Chair Powell showed readiness to cut the rates. USD/CHF remains […]

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 […]

Market Update – January 30 – Mega Central banks, OPEC, NFP & Earnings week

Trading Leveraged Products is risky China Stock market returns from Luna New Year break. Chinese stocks rose while most other Asian equities fell as investors looked to interest rate decisions scheduled this week in the US, UK and Europe and busy earnings agenda.  Nikkei ended at a more than 1-month high today. Global Stocks excluding […]

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 […]