RBA’s MPS: Inflation has passed its peak, but still too high

The Reserve Bank of Australia (RBA) released its Monetary Policy Statement (MPS) on Friday suggesting inflation in Australia has passed its peak, but it remains too high and is proving to be more persistent than anticipated a few months ago.

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Nov 10, 2023

ECB's Vujcic: Optimistic about achieving a soft landing in the eurozone without recession

The European Central Bank (ECB) Governing Council member and Croatian National Bank Governor, Boris Vujčić spoke in an interview on Friday about achieving a soft landing in the eurozone without recession or significant unemployment.

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Nov 10, 2023

EUR/USD flirts with weekly low, manages to hold above mid-1.0600s ahead of ECB’s Lagarde

The EUR/USD pair remains depressed during the Asian session on Friday and is currently placed near the lower end of its weekly range, just above mid-1.0600s.

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