PBoC leaves Loan Prime Rates unchanged, as expected
The People's Bank of China announced on Monday that it maintained the Loan Prime Rate (LPR) unchanged across the time curve.
Source: fxstreet.com
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BoJ Preview: JPY could weaken further barring a stronger signal that rates could be raised in spring – MUFG
The Japanese Yen (JPY) has continued to trade at weaker levels ahead of Tuesday’s BoJ policy update.
Source: fxstreet.com
USD/JPY: Higher rates in Japan bundled with cuts elsewhere should give a stronger Yen ahead – Nordea
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.
Source: fxstreet.com
Gold Price Forecast: XAU/USD bearish bias remains while below $2,040-$2,042 supply zone
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.
Source: fxstreet.com
ECB to continue presenting a relatively hawkish message, helping to support the EUR – MUFG
The Euro (EUR) has been the third best performing G10 currency so far this year.
Source: fxstreet.com