Page 18 - Nterestrate News Today

The People's Bank of China announced on Monday that it maintained the Loan Prime Rate (LPR) unchanged across the time curve.

The Japanese Yen (JPY) has continued to trade at weaker levels ahead of Tuesday’s BoJ policy update.

Over the past two years, we have seen that the major G10 currencies (except the Japanese Yen) have enjoyed the limelight at the cost of smaller currencies.

Gold price (XAU/USD) kicks off the new week on a weaker note and erodes a part of its recovery gains registered over the past two trading days, from the vicinity of the $2,000 psychological mark, or over a one-month low touched last Wednesday.

The Euro (EUR) has been the third best performing G10 currency so far this year.

The Bank of Japan (BoJ) will hold its Monetary Policy Committee (MPC) on Tuesday, January 23 and as we get closer to the Interest Rate Decision, here are the expectations forecast by the economists and researchers of eight major banks.

Gold price fell almost to the $2,000 mark this week, its lowest level in more than a month.

Strategists at Commerzbank discuss poor sentiment in the metals markets.

The EUR/USD pair oscillates in a narrow range through the early European session on Friday and remains within the striking distance of over a one-month trough touched on Wednesday.

Existing home sales ended last year on a low note and declined 1.0% in December.