Forex Trading

Analysts expect the United States’ core PCE to surge by 0.4%. Month-end flows to detect price movements. Independence Day suggests restrained price action. Investors and traders will concentrate on the Core Personal Consumption Expenditure during the North America session. The US Fed prefers this to gauge inflation, and analysts expect it to increase by 0.4% … Read more

Foreigners are selling JGBs at an accelerated speed. Bank of Japan is unlikely to shift the course. Yen remains primed for further plummets. Summer trading translates to ranging markets and declining volatility, but this year has something different for traders. JPY’s slide is among the reason, as the currency catalyzed notable actions within the FX … Read more

Briefly- The yen touched a 24-year low. The Bank of Japan is unlikely to arbitrate as inflation remains subdued. Wage inflation pressures stay low. The Japanese yen (JPY) sees extended declines as it touched new 24-year lows against the United States dollar. Yesterday’s trading sessions saw it plunging towards the 136.70 low – an area … Read more

Briefly The Swiss Franc could be an attractive haven as the SNB’s first interest rate surged in 15 years. Fear about a revivified Eurozone debt debacle might keep bolstering flows into Franc through EUR/CHF rates. For now, the Swiss Franc exhibits a bullish outlook. Swiss Franc Weekly Review The Swiss Franc emerged as the top-performing … Read more

Briefly- Tuesday sessions saw USD/CHF rising towards parity levels. Focus remains on the upcoming rate decisions by SNB and Fed. The upside will continue in the short term. USD/CHF had its price rising towards the parity levels for the first time since May. That came as the markets await upcoming interest rate moves by the … Read more

The Japanese Yen remains caught within a vicious circle. Weakness will likely persist. BOJ eases amidst soaring global yields. Thursday remains the European Central Bank day as ECB announces its statement. However, the euro isn’t the focus as far as 2022 currency market movements are concerned, regardless of the Russia-Ukraine battle. The yen is. Bloomberg … Read more

Briefly- RBA exceeded expectations in rate hikes. Traders saw AUD/USD moving higher. US interest rates remain higher. One of the central banks expected to announce financial policy this week surprised market players with higher than expected rates. The Reserve Bank of Australia hiked rates by 50 basis points, whereas investors anticipated a 25 basis point … Read more