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Forex Analysis

  • BoJ Holds Ultra-Low Interest Rates, Raises 2022 Inflation Forecast

    BoJ Holds Ultra-Low Interest Rates, Raises 2022 Inflation Forecast0

    The Bank of Japan (BoJ) held interest rates at record lows as expected on Friday, and said inflation is likely to rise more in the near-term as the Japanese economy struggles with elevated raw material costs and supply chain issues The central bank held its target for short-term interest rates at negative 0.1%, and said

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  • Dollar Edges Higher While The Euro Shines

    Dollar Edges Higher While The Euro Shines0

    By Administrator_India Capital Sands The U.S. dollar pushed higher in early European trade Wednesday amid doubts over a potential vaccine for the Covid-19 virus, but it’s been the euro which has shone the brightest as the Franco-German proposal for a common EU recovery fund gains traction.  At 3 AM ET (0700 GMT), the U.S. Dollar Index,

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  • Dollar Consolidates, Still in Demand

    Dollar Consolidates, Still in Demand0

    Capital Sands The U.S. dollar has seen some selling in early European trade Monday, but from lofty heights as tensions between China and the U.S. continue to simmer and Japan enters recession.  At 2:40 AM ET (0645 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 100.362,

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