Bank of Canada Rate Decision — 28 October

Bank of Canada Rate Decision — 28 October Decision The Bank of Canada raised its policy rate by 25 basis points to 2.50%. The bank rate is now 2.75%, and the deposit rate is 2.45%. Background Inflation: CPI is running at around 3% and is expected to rise to about 3.5% by year-end. Average inflation […]

Today’s Market Outlook October 27, 2026

Today’s Market Outlook October 27, 2026 Dollar Buying Broadens, Lifting USD/JPY into the Upper 157s; Caution Ahead of the FOMC Market Overview Dollar buying is dominant today as last week’s risk aversion eases. Buying in AI-related stocks has helped temper yen strength, and USD/JPY climbed to 157.88 in the London session. The rebound in oil […]

Today’s Market Outlook October 26, 2026

Today’s Market Outlook October 26, 2026 USD/JPY Rebounds Ahead of Policy Meetings; Watch Resistance in the Mid-157s Market Overview The week has begun with cautious trading as markets look ahead to a series of central bank meetings and major U.S. data releases later this week. USD/JPY has recovered from the yen’s gains late last week, […]

Today’s Market Outlook October 22, 2026

Today’s Market Outlook October 22, 2026 Broad yen strength amid falling equities and U.S. yields; focus on whether USD/JPY can extend its decline below 157 All times below are London time (BST). Market Overview Risk aversion is driving broad yen buying today, as equity markets fall. USD/JPY, which had traded around 158 through the previous […]

Today’s Market Outlook October 21, 2026

Today’s Market Outlook October 21, 2026 USD/JPY lacks direction in the lower 158s; focus on the Australian dollar and the reaction to UK CPI Market Overview Ahead of next week’s Japanese and U.S. monetary policy meetings, USD/JPY is trading without a clear direction, mainly in the lower 158s. Following reports of a tanker fire in […]

Today’s Market Outlook October 20, 2026

Today’s Market Outlook October 20, 2026 Dollar weakness and yen buying dominate; sterling stands out after UK employment improves Market Overview Dollar selling and yen buying are somewhat dominant today, against a backdrop of falling U.S. long-term yields and weakness in Asian equities. The U.S. 10-year Treasury yield fell from the 5.14% area early in […]