It seems that markets were overexcited about Mark Carney's message earlier this month when he claimed markets, consumers and businesses should prepare for a sooner-than-expected rate hike.
U.S. consumer confidence rose to the highest level in more than six years in June, while sales of new homes increased in May, reinforcing view that the nation's economy has picked up steam once again.
Business morale in Europe's powerhouse declined more than expected in June, dropping to the lowest level this year, on concerns among German companies that geopolitical tensions in Ukraine and Iraq would adversely affect their business.
According to economist John Edwards, Australia can overcome a slump in mining investment as low interest rates and infrastructure spending boost other industries, while Japan could become once again the nation's biggest trading partner.
Bank of Japan Governor Haruhiko Kuroda said on Monday that the nation's economy has been steadily recovering, but whether the momentum will be maintained largely depends on how exports will expand amid concerns over some overseas economies.
U.K. mortgage demand rose significantly this quarter and lenders expect it will advance further in the coming month, the Bank of England said.
Sales of existing U.S. homes increased more than expected in May, adding to evidence the sector is stabilizing after a weather-influenced quarter.
The Eurozone recovery is losing momentum as economic activity in the region slowed for a second consecutive month falling to the lowest rate in six months, a survey showed.
Nothing can stop the RBNZ from further tightening in the coming months now. The latest report from the ANZ-Roy Morgan showed that New Zealand consumers felt more upbeat about their personal finances and the economy in general in June than a month earlier.
Kuroda continues to persuade investors and economists that the world's third largest economy is on the right track, as massive stimulus programme is exerting its intended impact.
A combination of a dovish Fed and hawkish Mark Carney is a perfect combination for a solid rally on the cable.
Consumer prices are one their way to breach the 2% inflation, while it seems that Janet Yellen and other Fed members would not care at all.
EUR/USD was trading around weekly highs on Friday, as dovish FOMC meeting provided a long-term bearish bias for the greenback.
It seems that we can forget about any shift or action from the SNB in the coming years, as the Swiss Franc is now under the significant pressure, as the ECB added more stimulus several weeks ago.
Earlier this week Japanese Prime Minister Shinzo Abe upgraded his "third arrow" of the so-called Abenomics, a set of measures aimed at revitalizing growth in the world's third largest economy.
Retail sales, a key measure of consumer spending, fell in line with analysts' forecasts in May.
The most traded currency pair is trading above 1.36 level again, as the Federal Reserve proceeded with the tapering of its quantitative easing programme.
During June's policy meeting, the European Central Bank trimmed all three interest rates and extended its loan programmes.
Markets are already pricing in dovish RBA and a potential rate cut, as economy is struggling to pass the transition phase.
The RBNZ will take a pause in July?
The Sterling received little support from the MPC minutes, with the cable inching only slightly above 1.70, however, slumping to an intraday low right after.
The U.S. Dollar stayed lower following the Federal Reserve's decision to continue tapering its asset purchases and maintain interest rates near zero even after bond-buying scheme is phased out.
Over the last years markets were ignoring releases of the money supply indicator in the 18-nation bloc.
Australian politicians and policymakers are still playing the good and the bad cop.