Page 5 - Nterestrate News Today

Volatility on the Japanese Yen (JPY) has remained elevated since the start of the week.

The Greenback extended its auspicious start of the week after US inflation figures came in hotter than expected, reinforcing further the investors’ repricing of a June rate reduction by the Federal Reserve.

Governor of the Bank of France and ex officio member of the European Central Bank (ECB) François Villeroy de Galhau noted on Tuesday that the ECB's pragmatism about rate cuts is not dependent on Federal Reserve (Fed) policy.

President of the Chicago Federal Reserve (Fed) Austan D. Goolsbee noted on Thursday that a single month of inflation data is not enough to hinge an entire monetary policy decision on.

According to Cleveland Federal Reserve (Fed) President Loretta J.

The NZD/USD pair attracts heavy selling after the Reserve Bank of New Zealand (RBNZ) announced its policy decision and dives to over a one-week low in the last hour.

Bank of Japan Executive Director Seiichi Shimizu made some comments on the central bank’s inflation target, in his speech following the Japanese Consumer Price Index (CPI) released on Tuesday.

Economists at HSBC see modest downside risks for the Euro (EUR) and the Pound Sterling (GBP).

The Euro has continued to strengthen modestly against the US Dollar at the start of this week.

The Reserve Bank of New Zealand (RBNZ) holds its first regular meeting of the year on Wednesday.