Euro likely to weaken as other central banks leave the ECB to raise interest rates by itself.
The Euro (EUR) finds itself in a complicated situation, influenced by a hawkish yet somewhat isolated European Central Bank (ECB), sluggish regional growth, and a recovering dollar with respect to interest rate differentials. Analysts from BNY, Rabobank, and Société Générale all present challenges for the Euro, each emphasizing different factors at play. BNY highlights ECB’s […]
Japanese Yen drops as Fed indicates plans for higher interest rates
On Wednesday, the Japanese yen slipped against the U.S. dollar after the Federal Reserve decided to hold interest rates steady. Most officials anticipate at least one rate hike before the year wraps up. New Fed Chair George W. Warsh reaffirmed the bank’s focus on reaching a 2% inflation target. As of now, USD/JPY is trading […]
Central Bank Keeps Interest Rates Steady
Federal Reserve Keeps Interest Rates Steady The Federal Reserve decided to maintain its benchmark interest rate at 3.5% to 3.75% on Wednesday. This policy statement came during Kevin Warsh’s inaugural meeting as chairman, and it’s notably shorter than previous statements, omitting the forward guidance that had shaped the Fed’s communications for over ten years. “It’s […]
Federal Reserve keeps interest rates unchanged as new era with Warsh begins
Fed Chairman Warsh Maintains Interest Rates Amid Inflation Concerns This article is currently being updated regarding the June 2026 FOMC interest rate decision. With his term now officially underway, Federal Reserve Chairman Kevin Warsh announced on Wednesday that interest rates will remain unchanged, citing concerns over rising inflation linked to the ongoing conflict in Iran. […]
Gold prices in India: Rates for June 17
On Wednesday, gold prices in India saw a decline, as reported by FXStreet. The price dropped to INR 13,143.24 per gram, down from INR 13,164.96 the day before. For larger amounts, the price fell from Rs 153,553.50 per tola to Rs 153,299.50. Unit Measurement Gold Price in INR 1 gram 13,143.24 10 grams 131,432.00 Tola […]
Central bank likely to maintain interest rates as inflation reaches its highest level since 2023
UBS’s Jason Katz Discusses Market Concerns Amid Interest Rate Uncertainty Jason Katz, a Managing Director and Senior Portfolio Manager at UBS, recently chatted with Barney & Company about some pressing concerns surrounding market rotation, the current rally, and the Federal Reserve’s upcoming decisions regarding interest rates. The Fed is likely to keep interest rates unchanged […]
Gold prices in India: Rates on June 16
Gold Prices Rise in India On Tuesday, gold prices in India increased, as reported by FXStreet. The price of gold reached INR 13,185.22 per gram, up from INR 13,141.64 the previous day. Similarly, the price for gold per tola rose to INR 1,53,788.40 from INR 1,53,281.50 the day before. Unit Measurement Gold Price in INR […]
RBA to maintain rates in June. What is driving the rise of the Australian Dollar?
The AUD/USD pair saw an increase of about 0.5% after a small dip the day before, with trading hovering around 0.7080 during Asian hours on Monday. Even so, the Australian dollar (AUD) might face challenges against the US dollar (USD), particularly since market expectations for any interest rate adjustments by the Reserve Bank of Australia […]
More than 20% returns: How NRIs can benefit significantly after banks increase FCNR(B) deposit rates
RBI’s New Deposit Scheme for NRIs The Reserve Bank of India (RBI) has introduced a foreign currency non-resident (FCNR) deposit scheme aimed at enhancing foreign inflows. This initiative is particularly targeted at non-resident Indians (NRIs), providing them with attractive investment options. As of Wednesday, banks have started to increase interest rates on these deposits. HDFC […]
Gold and silver prices for today, June 14: Review the retail rates of 24K and 22K gold, along with 999 silver in Delhi, Mumbai, and Kolkata.
Gold and Silver Prices On Sunday, June 14, gold prices in the Indian retail market remained mostly stable, with the rates for 24 carat and 22 carat gold experiencing slight variations across major cities. Similarly, silver prices in the domestic bullion market showed limited movement. Currently, live trading rates aren’t available since the Comprehensive Commodity […]