Page 4 - Nterestrate News Today

Gold price (XAU/USD) struggles to capitalize on the previous day's modest gains and oscillates in a narrow band around the $2,170 level during the Asian session on Tuesday.

EUR/USD moved towards the 1.0850 mark in Monday's session. Economists at ING analyze the pair’s outlook.

Gold price (XAU/USD) jumps above a two-day high near $2,190 in Tuesday’s early American session as the US Dollar corrects.

Economists at Nordea analyze how the focus on cuts from central banks could impact the FX market.

Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said on Friday that he expected just one interest rate cut this year instead of the two rate cuts he had forecast, citing persistent inflation and stronger-than-anticipated economic data.

The US Dollar (USD) pared back some of its recent solid gains.

Taiwan’s central bank, the Central Bank of the Republic of China (CBC), hiked by 12.5 bps to 2% last Friday, the highest level since 2008.

European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau said on Thursday that there is a strong case at the central bank to begin cutting interest rates in the spring as the battle against inflation is being won.

The US Dollar (USD) is a little firmer and 10-year Treasury yields are up near a one-week high around 4.15%.

The Dollar has not benefited much from the hotter US CPI figures released on Tuesday.