The week ending 20 March was particularly packed with meetings of central banks, most of which signalled or at least hinted at upcoming hikes to tackle expected rising inflation. Some major currencies, like the euro, made gains while the dollar and gold declined as participants priced in hawkishness. This article summarises the reaction to the central banks’ statements then looks briefly at the charts of XAUUSD and GBPUSD.The Reserve Bank of Australia (RBA), Bank of Canada (BoC), Federal Reserve (Fed), Bank ...

The Australian dollar is nearing its strongest level in three years propelled by the central bank’s hawkishness and as the threat of a joint US-Japan yen defense weighs on the greenback https://t.co/GoimiTl0wB ...