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The Swiss franc is down on Thursday following the Swiss National Bank rate announcement. In the North American session, USD/CHF is trading at 0.8880, up 0.43% 80on the day at the time of writing. Swiss National Bank chops by 50 basis points Today’s Swiss National Bank meeting was live, with the mark

Sharp sell-off seems excessive; the Pound Sterling (GBP) is likely to consolidate in a 1.2650/1.2725 range. In the longer run, bias for GBP appears to be tilted to the downside; any decline is expected to face significant support at 1.2610, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note

The upcoming US CPI data release on December 11th is a key event for markets, as it could influence the Fed’s decision on interest rates at its December 18th meeting. While a rate cut is widely expected, a higher-than-forecast CPI print could raise questions about the Fed’s path forward. The US Doll

USD/JPY increases 0.37%, buoyed by November’s CPI data which confirmed analysts' expectations. US headline CPI rose slightly, but core figures remained stable, supporting potential Fed rate adjustments. Anticipation grows for a possible Fed rate cut, with odds favoring a 25 basis point reduction nex

OANDA analyst Kenny Fisher joins Trader Nick and Jonny Hart to discuss the US Services PMI, a sharp drop in the Australian dollar and and dovish comments from BoE Governor Bailey Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Op

China’s President Xi Jinping said on Monday, “we must be fully prepared to achieve next year's economic targets.” Additional comments We must affirm the confidence to win while doing next year's economic work. Must maintain strategic focus and actively create an external environment that is favourab

Bank of Korea (BoK), the South Korean central bank, said on Wednesday that it will “deploy various measures to stabilize the FX market as needed. Additional takeaways Will increase short-term liquidity measures starting Wednesday. Will loosen collateral policies in repo operation to ease any bond ma