BOJ’s Kuroda: Once inflation approaches target, we will communicate appropriately to exit ultra-easy policy

Comments by BOJ governor, Haruhiko Kuroda If the Fed is going to take five years to move away from zero rates, it'll easily take the BOJ at least a decade to get there - if it is even possible.Want to know more on BOJ's Kuroda: Once inflation approaches target, we will communicate appropriately to exit ultra-easy policy click here go to Forex news source. Forex news summary from...

Gold, Silver Price Forecast: Key Supports Broken as US Dollar Strengthens

Gold prices broke a key support level at US$ 1,910, as a rising USD Dollar weighed on precious metal prices. Silver prices drifted lower for a third day, eyeing key support at US$ 23.30.Want to know more on Gold, Silver Price Forecast: Key Supports Broken as US Dollar Strengthens click here go to market news source. Market news summary from DailyFX.Author: Margaret Yang, CFA

BOJ’s Kuroda: Fed’s thinking is similar to the BOJ

Comments by BOJ governor, Haruhiko Kuroda here Kuroda's remarks above are just a reiteration of that, but essentially it adds to the narrative that other central banks are also wanting to stay 'competitive' in the 'race to the bottom'. The BOE was the latest to sound their battle cry yesterday .Want to know more on BOJ's Kuroda: Fed's thinking is similar to the BOJ click here go to...

ECB’s Mersch: It is obvious that exchange rate has had effects on inflation

Comments by ECB governing council member, Yves Mersch, to Bloomberg On the economic outlook, Mersch says that incoming information isn't pointing to a further deterioration - at least not in terms of prices and production. Adding that uncertainty remains, so essentially the ECB is still caught in a 'wait and see' mode.Want to know more on ECB's Mersch: It is obvious that exchange rate has had effects on...

Dollar rises on coronavirus unease, Aussie and Kiwi hurt by rate outlook

The U.S. dollar rose against major currencies on Wednesday, supported by positive U.S. economic data and concerns about a second wave of coronavirus infections in Europe and Britain.Want to know more on Dollar rises on coronavirus unease, Aussie and Kiwi hurt by rate outlook click here go to market news source. Market news summary from Reuters Currency News.Author:
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