Fed Officials Split as Powell Weighs December Interest Rate Cut 
BOJ’s Kazuo Ueda Signals Potential Interest Rate Hike as Economic Outlook Improves 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
RBA Reassesses Pricing Behaviors and Policy Impact Amid Inflation Pressures 
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
In the start of the New Year, Canadian dollar touched new multi year low against US dollar.
- Currently pair is supported above 1.4200 levels and trading at 1.4233 levels.
- Likewise Canadian dollar, UK pound also depreciated and supported just above 1.4500 handle. Pair is currently trading at 1.4528 levels.
- However, the empty macro calendar in China offered some relief, and stock markets extended their slide at a slower pace, while the energy sector led the bearish run.
- According to the latest data, crude oil sank to the fresh twelve-year low at $31.07 per barrel amid a supply glut and weaker demand from slowing China.
- Later today, the Bank of Japan Governor will speak in Paris in a panel discussion called Monetary Policy, Financial Stability and the Zero Lower Bound, along with the Bank of England Governor Mark Carney. It will give further directions to the respective pair.
