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ECB's de Guindos: Appropriate to reduce monetary restriction if inflation conditions are met

"If our updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission were to further increase our confidence that inflation is converging to our target in a sustained manner, it would be appropriate to reduce the current level of monetary policy restriction," European Central Bank Vice President Luis de Guindos said on Thursday, per Reuters.
New
update2024.04.18 16:36

Forex Today: US Dollar pulls away from multi-month highs ahead of mid-tier data

Here is what you need to know on Thursday, April 18: The US Dollar (USD) stays under modest selling pressure in the early European session on Thursday.
New
update2024.04.18 16:29

Silver Price Forecast: XAG/USD gains momentum above $28.00 on rising industrial demand

Silver price (XAG/USD) gains momentum near $28.50 on Thursday during the early European session.
New
update2024.04.18 16:23

PBOC Deputy Governor: Will keep Yuan exchange rate basically stable

People's Bank of China's (PBOC) Deputy Governor said on Thursday that they "will keep the Yuan exchange rate basically stable." Additional comments Recent improvements in China's economy will provide support Yuan exchange rate.
New
update2024.04.18 15:48

EUR/USD Price Analysis: Extends recovery, the first upside target is seen at 1.0700

The EUR/USD pair extends its recovery near 1.0688 on Thursday during the early European trading hours.
New
update2024.04.18 15:26

FX option expiries for Apr 18 NY cut

FX option expiries for Apr 18 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0625 610m 1.0635 618m 1.0640 498m 1.0650 909m 1.0700 910m - GBP/USD: GBP amounts 1.2390 716m 1.2400 445m 1.2450 706m - USD/JPY: USD amounts 153.00 6.1b 153.25 1.1b 153.80 980m 154.50 1b 155.00 896m - USD/CHF: USD amounts 0.9000 928m - AUD/USD: AUD amounts 0.6370 596m 0.6435 1.5b - USD/CAD: USD amounts 1.3750 993m NZD/USD: NZD amounts 0.5900 745m 0.5995 2.3b EUR/GBP: EUR amounts 0.8490 800m
New
update2024.04.18 15:04

USD/CAD depreciates to near 1.3750 on improved risk sentiment amid weaker crude Oil

USD/CAD extends its losses for the second consecutive session on Thursday, trading around 1.3750 during the Asian session.
New
update2024.04.18 14:38

BoJ's Noguchi: Main scenario is that future rate hikes are likely to be slow

Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday that the "main scenario is that future rate hikes are likely to be slow, but that depends on economic data." Additional quotes Will take into account cost-driven inflation and policy adjustment if higher wages lead more to higher prices.
New
update2024.04.18 14:31

WTI extends its downside below $82.50 on crude inventory build

Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.25 on Thursday.
New
update2024.04.18 14:14

Gold Price Forecast: XAU/USD rebounds on market caution, aims to reach $2,400

Gold price recovers its recent losses, trading around $2,370 per troy ounce during the Asian session on Thursday.
New
update2024.04.18 12:23

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