The focus of market participants is set to shift toward the critical Bank of Japan (BoJ) policy decision during the upcoming Asian session, which could provide fresh directional impetus for the USD/JPY pair. Expectations are mounting that the BoJ...
Bitcoin, as of January 26, 2025, continues to exhibit notable volatility, reflecting its position as a leading cryptocurrency in the global market. Currently trading near $102,500, Bitcoin is navigating a delicate balance influenced by macroeconomic...
Following the latest Federal Open Market Committee (FOMC) minutes, traders are now pricing in 102 basis points of rate cuts by December 2024, based on the Chicago Board of Trade (CBOT) fed funds futures contract. Meanwhile, US Initial Jobless Claims...
Forex Market The Forex Market (Foreign Exchange) is the largest and most liquid financial market in the world, where currencies are traded against each other. It operates globally 24 hours a day, five days a week, enabling traders from all time...
The Bank of Japan raised rates to the highest since 2008 On Friday, the Bank of Japan increased interest rates by 25 basis points, bringing them to 0.5%. This was the highest discount rate level since 2008. This decision is due to the regulator's...
