Hey traders, as the monetary policy in the US remains aggressive we still see a possibility of continuation to the upsides on USDJPY unless fed becomes Dovish but it's still not going to happen as inflation in the US is still an issue and the main focus for the US is to control inflation, so what we can expect? more rate hikes, more USD bulls and potentially a...
The Swiss central bank was playing big games behind the bull trend of the USDCHF. Actually, the story is linked to the EURCHF spot rate where SNB did defend the price from falling lower than 1.05 by intervening more strongly in the foreign exchange market to contribute to the stabilization of the situation. The rise in sight deposits showed the SNB was clearly...