Created on March 20, 2025 During yesterday’s trading session, the USD/JPY currency pair experienced performance volatility as currency investors reacted to global central bank announcements.…
The US bought crude for its strategic reserves last week for the second straight week, Danske Bank’s FX analyst Jens Nærvig Pedersen reports. Oil market…
GBP/USD is down on broad USD strength, BBH FX analysts report. Swaps market is pricing in 50bps of cuts over the next 12 months “The…
Created on March 20, 2025 Two major G7 central bank meetings are due today, in the UK and Switzerland, with the Swiss expected to cut…
The Bank of England is expected to hold its policy rate at 4.50%. UK inflation figures remain well above the BoE’s target. GBP/USD extends its…
![Bank of America short term favors upside [Video]](https://editorial.fxsstatic.com/images/i/stock-01_Large.jpg "Bank of America short term favors upside [Video]")
Short term Elliott Wave view in Bank of America (BAC) suggests wave ((3)) rally ended at 48.56. Wave ((4)) pullback unfolded as a double three…
GBP/USD pushed back into the 1.3000 handle on Tuesday. Markets are buckling up for a one-two punch of Fed and BoE rate calls. The Fed…
The big event for CHF this week is the SNB meeting on Thursday, Danske Bank’s FX analyst Jens Nærvig Pedersen reports. SNB to cut the…
Created on March 18, 2025 The US dollar has been rather bullish during the trading session on Monday against the Japanese yen as we continue…
EUR/USD was supported by risk-sentiment during yesterdays’ session rising back above the 1.09 mark with US retail sales not sending any firm signals, Danske Bank’s…