europefx

Key Takeaways: 💰 Swiss National Bank sold forex worth $149.51 billion in 2023 📈 Significant increase in foreign currency sales compared to 2022 🛡️ Strategy focused on supporting the Swiss franc as a defense against imported inflation ⚖️ SNB’s foreign currency sales prevented weakening of the Swiss franc 📆 SNB no longer focusing on foreign … Read more

Key Takeaways: 💥 AI-focused crypto tokens have seen a significant rise, outpacing even bitcoin 📈 Market value of AI tokens has grown from $2.7 billion to $26.4 billion in a year 🚀 AI tokens are up between 145% and 297% in the past 30 days 💡 Industry predictions suggest more growth potential in merging AI … Read more

Key Takeaways: 💹 Asian stocks rally ahead of central bank 💰 Currencies weaken in anticipation of central bank actions 📉 Yen weakens after BOJ stimulus exit 🇦🇺 Australian business leaders to meet Chinese foreign minister 🏦 Bank of Japan ends negative interest rates 🔒 Australian RBA holds rates but waters down tightening bias 📈 Metro … Read more

Key Takeaways: 💵 Dollar edged higher on Monday as central bank meetings approach 🏦 Bank of Japan may end negative interest rates 🇺🇸 U.S. economy performing better than expected 📊 Market expecting less rate cuts from the Federal Reserve 📈 Yield on 10-year Treasury notes at a three-week high 💱 Focus on Wednesday’s Fed meeting … Read more

Key Takeaways: 💵 The dollar strengthened ahead of central bank meetings in Japan and the U.S. 🌐 Other central banks on the agenda this week include those in Britain, Australia, Norway, Switzerland, Mexico, Taiwan, Brazil, and Indonesia. 📈 Markets have reduced expectations for aggressive Fed rate cuts, with less than three cuts anticipated in 2024. … Read more

Key Takeaways: 💵 The dollar edged lower as traders awaited central bank meetings, particularly the BOJ ending negative rates and the Fed’s rate cut projections 🌍 Central banks in various countries, including Japan, US, UK, Australia, Norway, Switzerland, Mexico, Taiwan, Brazil, and Indonesia are set to meet 📉 The dollar index was down 0.12% at … Read more

Key Takeaways: 💵 The U.S. dollar decreased ahead of the Federal Reserve meeting after gaining last week 📈 Markets expect around 75 basis points of rate cuts this year, with possibilities of the first cut by June 🏦 Analysts predict potential changes in Fed rate cut projections during the upcoming meeting 💶 Euro marginally increased … Read more

Key Takeaways 💵 The dollar dipped slightly on Monday as traders await central bank meetings 🏦 Bank of Japan may end negative rates, Fed expected to reveal rate cut projections 🌍 Multiple central banks worldwide set to meet, including Britain, Australia, Switzerland, and Brazil 📉 Markets are pricing in fewer rate cuts for the year, … Read more

Key Takeaways 💵 The dollar was steady as central bank meetings worldwide are anticipated, including the BOJ potentially ending negative rates and the focus on the Fed’s rate cuts projection 🇯🇵 BOJ expected to herald a new era by ending negative interest rate policy 💱 Yen fluctuated, reaching a one-month high against the dollar 🇦🇺 … Read more

Key Takeaways: 💱 Most Asian currencies were stable on Monday, while the dollar was steady near two-week highs 🏦 Focus was on central bank meetings by the Bank of Japan (BOJ) and Federal Reserve 💹 Speculation surrounded the possibility of the BOJ ending its ultra-loose policies, with wage hikes and inflation data playing a role … Read more