Key Takeaways: 💵 Dollar rose after Federal Reserve maintained projections for interest rate cuts 🇨🇭 Swiss franc slumped after Swiss National Bank surprise rate cut 💸 Fed projected three rate cuts this year, starting in June 📉 Fed did not indicate delaying rate cuts despite sticky inflation readings 💯 Traders pricing over 70% chance of … Read more
Key Takeaways: 💱 The Swiss franc fell sharply against the dollar and Euro after a surprise interest rate cut by the Swiss National Bank (SNB) 📉 The pound edged lower ahead of a Bank of England (BoE) meeting 💰 BoE is expected to keep UK rates on hold, uncertainty remains about monetary policy outlook 🇬🇧 … Read more
Key Takeaways: 💹 Yen strengthened due to a weaker dollar and expectations of BOJ rate hikes 📈 Australian dollar rose after strong employment data in February 🔮 BOJ governor signals slow but steady normalization of monetary policy 🌍 US dollar declined after Fed maintains projections for rate cuts 📉 Dollar tumbled as markets now price … Read more
Key Takeaways: 💱 Most Asian currencies rose sharply after Fed comments on interest rate cuts 📈 Japanese yen strengthened due to U.S. interest rate cut prospects and hawkish Bank of Japan 💼 Resilience shown in Japanese economy through manufacturing and services sector growth 💹 Australian dollar surged on stronger-than-expected labor market data 💵 Dollar index … Read more
Key Takeaways: 📉 Dollar weakened after Federal Reserve meeting 💵 Yen strengthened from multi-decade lows 📉 Fed projects three U.S. rate cuts this year 📈 U.S. economy outlook raised to 2.1% growth 💬 Inflation seen moving down gradually 🌍 Major central banks plan to cut interest rates to spur growth 💰 Low Japanese rates affect … Read more
Key Takeaways 💵 Dollar slipped and yen strengthened after Fed kept interest rates steady 📈 Fed projected three U.S. rate cuts this year despite elevated inflation 📊 Updated economic projections show upgraded outlook for U.S. economy 🌐 Global FX strategist emphasizes Fed Chair Powell’s confidence in inflation outlook 📉 Dollar index eased, yen rebounded as … Read more
Key Takeaways: 💵 The dollar slipped after the Fed’s interest rate decision 📉 The yen weakened towards multi-decade lows 🏦 Fed projected three rate cuts this year despite elevated inflation 📊 Dollar index fell slightly, while yen weakened at 151.69 per dollar 💡 Nvidia unveiled a new AI chip and partnerships at its developer conference … Read more
Key Takeaways: 💵 The U.S. dollar is strengthening against the yen, reaching a multi-month low. 📉 Analysts predict further downside risks for the yen due to yield differentials and a potentially hawkish Fed. 🇯🇵 Barclays and BofA highlight intervention levels for yen to dollar at 152 to 155 yen. 📉 Yen weakens against euro and … Read more
Key Takeaways: 💵 Dollar strengthens ahead of the Federal Reserve announcement 📉 Sterling slips after U.K. inflation data 🇯🇵 Japanese yen continues to retreat 📈 Traders expect the Fed to keep interest rates elevated to battle inflation 🗣️ Comments from Jerome Powell and new economic projections to provide hints on interest rate cuts 🇬🇧 Bank … Read more
Key Takeaways 💶 The yen is at a four-month low against the dollar and a 16-year low against the euro 💰 Bank of Japan ended negative interest rate policy but will maintain accommodative conditions 📉 Yen carry trade expected to continue due to low Japanese rates 💹 Market focused on Federal Reserve decision and Chair … Read more