British Pound Wilts As Markets Await Both Fed and BoE

There are central bank policy decisions for both sides of GBP/USD in the next forty-eight hours

Euro Latest – ZEW Economic Sentiment Improves, EUR/USD Hinges on FOMC Decision

Economic sentiment in the Euro Area and Germany turned higher in March, according to the latest ZEW report, but Wednesday’s FOMC meeting will dictate the next EUR/USD move.

Bank of Japan Exits Negative Interest Rate Policy but Remains Supportive

The bank of Japan (BoJ) agreed that a virtuous cycle between wages and prices has been met, enabling an historic moment for the accommodative central bank. Yen weaker

Nvidia Announces GR00T, a Foundation Model For Humanoids

Nvidia’s ongoing GTC developer conference in San Jose is, unsurprisingly, almost entirely about AI this year. But in between the AI developments, Nvidia has also made a couple of significant robotics announcements. First, there’s Project GR00T (with each letter and number pronounced individually so as not to invoke the wrath of Disney), a foundation model […]

BoJ’s Pivot Imminent: Yen Ready for Takeoff or Tumble? Setup on USD/JPY

The Bank of Japan is expected to raise interest rates for the first time in 17 years when it concludes its March policy meeting. The decision could trigger market volatility and shape the Japanese yen’s near-term outlook.

Nvidia Unveils Blackwell, Its Next GPU

Today at Nvidia’s developer conference, GTC 2024, the company revealed its next GPU, the B200. The B200 is capable of delivering four times the training performance, up to 30 times the inference performance, and up to 25 times better energy efficiency, compared to its predecessor, the Hopper H100 GPU. Based on the new Blackwell architecture, […]

Gold Price Outlook: Fed May Shake Up Markets. Pullback or Rally in Store?

The Federal Reserve’s interest rate decision and policy outlook this week could be a source of market volatility and help guide gold prices in the near term.

Sterling Outlook: GBP/USD, EUR/GBP, GBP/JPY Setups Ahead of CPI

Sterling remains one of the better performers against the dollar this year with the BoE less dovish than the Fed – something that could improve its interest rate differential

Euro Higher Despite Market Worries of More Gradualist Fed

The US central bank was expected to cut rates this month at the start of the year. Now the markets are sure it won’t.

Japanese Yen (USD/JPY) Rally Continues, BoJ Policy Decision Imminent

Tuesday’s Bank of Japan policy decision may see the central bank lift interest rates out of negative territory for the first time since January 2016