US Treasury Secretary Janet Yellen is expected to hold a meeting with the Securities Exchange Commission (SEC), the Federal Reserve (Fed), the New York Fed and the Commodity Futures Trading Commission this week, citing sources familiar with the matter. Earlier on Wednesday, Yellen said that the Congressional Budget Office (CBO) forecast portrays a desperate need [...]
At its first monetary policy meeting of 2021 on February 2, the Reserve Bank of Australia (RBA) board members decided to maintain the official cash rate (OCR) at a record low of 0.10%, matching the market’s consensus. The RBA left its three-year bond yield target unchanged at 0.10%. It has also decided to purchase an [...]
In a welcome news with a kick start at the beginning of the month, Ursula Von der Leyen, AstraZeneca will start deliveries of its COVID-19 vaccines one week earlier than expected. The Chief of the EU also added that the Anglo-Swedish pharma company will deliver nine million more doses of its vaccine to the Union [...]
GBP/USD pair trades to the downside due to the recent weakness that is caused from the broad risk-off mood and economic fears, retail traders’ restrictions and China’s warning to Taiwan. Also, weighing on the quote could be the EU-UK tussle over the vaccine, Brexit issues and virus worries. Global traders worry about further restrictions on [...]
