Page 7 - Nterestrate News Today

The EUR/USD pair attracts some dip-buying on Friday and seems to have stalled the previous day's retracement slide from the vicinity of the 1.0900 mark, or a nearly three-week high.

Households do not seem to really believe that the ECB will be able to bring inflation back to its target of 2% in the medium term, economists at Commerzbank say.

Economists at Rabobank have edged up their 12-month NZD/USD forecast to 0.6500.

New Fed call: economists at TD Securities are now looking for the FOMC to cut rates by five times this year starting in May.

ECB’s January monetary policy account leaves many doors open.

Philidelphia Federal Reserve (Fed) President Patrick Harker hit newswires Thursday, noting that while the Fed is approaching the point of cutting rates, policymakers remain unsure of when specifically that might happen.

Federal Reserve (Fed) Governor and policymaker Lisa Cook spoke while participating in a moderated discussion at the Annual Conference of the Julis-Rabinowitz Center for Public Policy & Finance, hosted by Princeton University in New Jersey.

The USD/CAD pair struggles to capitalize on its gains registered over the past three days and oscillates in a narrow trading band through the first half of the European session on Wednesday.

The People's Bank of China announced on Tuesday that it maintained the one-year Loan Prime Rate (LPR) unchanged and cut the five-year LPR by 25 basis points (bps) from 4.20% to 3.95%.

Gold has been trading in a narrow range awaiting clues on the prospects for US interest rates.