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The Swiss Franc faces challenges as the Swiss National Bank (SNB) is now expected to cut interest rates by 50 basis points after recent inflation data showed continued weakness. In November, Swiss inflation remained flat at -0.1% month-on-month, the same as in October, while the annual rate rose slightly to 0.7%, still below expectations of […]

The post CHFJPY: Price Outlook Following CPI Data appeared first on Action Forex.

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Year Ahead – What Does 2025 Hold for US Dollar and Japanese Yen?

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19/02/2024

NZD: The Week Ahead

Commerzbank’s analysis suggests a brighter outlook for the New Zealand Dollar (NZD) in the coming months despite recent downward pressure. Factors like broader U.S. Dollar strength and domestic issues have kept the NZD below last year’s highs. However, robust labor markets in both New Zealand and Australia and an expected stabilization of Chinese economic growth […]
16/01/2024

‘First Five Days’ Rule Points to a Challenging Year

US equity indices declined in the first five trading sessions of January. This dynamic promises a challenging year for the stock market, according to the old “first five days” rule. Identifying a defining trend would have been an easy task if not for stabilisation on the day of the NFP release on January 5 and […]
08/10/2024

GBPUSD lLses 3% from 2½-Yyear High

GBPUSD stops near 1.3100 Momentum oscillators suggest upside recovery GBPUSD is pausing its downward wave that started from the two-and-a-half-year high of 1.3433, hovering near the 50-day simple moving average (SMA) marginally beneath the 1.3100 round level.   The pair has lost around 3%, with the technical oscillators indicating the end of the southward move. […]