BOJ's Ueda: Price expectations must be around 2% for price target

The Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that inflation expectations are gradually rising but yet to reach 2%, adding that the Japanese central bank will move cautiously on interest rates to avoid any big mistakes.

USD/INR attracts some sellers on softer US Dollar, likely RBI intervention

Indian Rupee (INR) recovers on Thursday amid the weaker US Dollar (USD).

Japanese Yen offers gains, while US Dollar advances as looming US NFP

The Japanese Yen (JPY) retraced its gains on Thursday, while the US Dollar (USD) recovered its daily losses due to higher US Treasury yields.

Gold price jumps to two-week high on Fed rate cut hopes, softer US Dollar

Gold price (XAU/USD) attracts some follow-through buying for the second straight day and climbs to a two-week top, around the $2,373 area during the Asian session on Thursday.

Lagarde speech: Inflation to fluctuate around current levels for rest of year

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to cut key rates by 25 basis points in June and responds to questions from the press.

ECB Press Conference: Lagarde speaks on policy outlook after cutting key rates by 25 bps in June

The European Central Bank (ECB) is set to announce its first interest rate cut since 2019 on Thursday at 12:15 GMT.

Lagarde speech: Wages matter enormously

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to cut key rates by 25 basis points in June and responds to questions from the press.

US Dollar in the red with ECB rate cut bearing hawkish undertone

The US Dollar (USD) edges lower on Thursday as markets see the the European Central Bank (ECB) issuing a policy rate cut by 25 basis points, though making it a hawkish one by not committing to any next moves.  The ECB has thus made its first rate

Oil steady in the green with a better growth outlook projected after ECB's rate cut

Oil prices are in repair mode on Thursday after a near 10% decline in just five trading days. The sharp downside move came after the OPEC+ meeting did not hold any measure to further support prices at or around $80.00. With markets disappointed,

Canadian Dollar flattens on Thursday as markets await US NFP

The Canadian Dollar (CAD) settled into a holding pattern on Thursday as markets batten down the hatches ahead of Friday’s key labor data from both the US and Canada.