Economists are anticipating a significant 50 basis point rate cut by the Swiss National Bank (SNB) to stimulate economic growth amid concerns over lackluster performance in the Swiss economy. Consumer price inflation edged higher to 0.7% in recent...
USD/JPY shows signs of force as consolidated The US dollar initially retreated against the Japanese Jenu during the Friday trade session, which was influenced by the recent Bank of Japan decision to raise interest rates. However, it seems that the...
Financial markets are widely expecting the US Federal Reserve to lower its benchmark interest rate by another quarter percentage point from the current target range of 4.5%-4.75%. This follows a series of rate cuts totaling 75 basis points in...
The EUR/USD pair is displaying a consolidation phase on the hourly chart, indicating indecision among market participants. Over the past few sessions, the pair has been trading within a narrow range, with the 1.0800 level acting as a central pivot...
DXY: US Dollar Index. Trump's statements weaken the dollar The U.S. dollar index ( DXY ) is down for a second straight day, hitting a new monthly low, down nearly 0.40% on the day and remains on track for a second straight week of losses. Markets...
