The pair faced losses as market sentiment shifted, with traders growing increasingly convinced that the Bank of Japan (BoJ) will maintain its current policy stance and keep interest rates steady during Thursday's meeting. Adding to this sentiment,...
Any news related to a potential rate cut by the Fed could shift market sentiment, putting pressure on the US Dollar and potentially reversing the recent bullish trend in USD/CHF. Simultaneously, the stability of Swiss inflation will play a crucial...
The Australian dollar continued its downward trajectory overnight, reflecting ongoing currency struggles. While the current level may appear attractive to some retailers due to its historical support, broader economic challenges are emerging,...
Bitcoin has experienced a remarkable surge in 2024, skyrocketing over 136% so far. More than half of these gains were realized following the election victory of former President Donald Trump on November 6. This sudden spike in Bitcoin’s price has...
Traders are anticipating further interest rate cuts from the Federal Reserve, with expectations of a 75-basis point reduction by the end of the year. These expectations are expected to play a crucial role in shaping the trajectory of the U.S. Dollar...