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Swiss Franc and Japanese Yen are currently the weakest performers for the week on a couple of interrelated factors. Firstly, global central bankers are tempering expectations for early rate cuts, suggesting rate difference between SNB/BoJ and other central banks would remain large for longer. This stance has been further compounded by a significant rebound in […]

The post Franc and Yen Underperform, Canadian Dollar Anticipates Jobs Report appeared first on Action Forex.

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Yen Pullback Persists as Sterling and Dollar Gain Ahead of Crucial Events
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Yen Pullback Persists as Sterling and Dollar Gain Ahead of Crucial Events

Yen’s near-term pullback has notably accelerated today. Some reports surfaced suggesting that the BoJ is not poised to abandon its negative rate policy anytime soon, with the earliest potential shift expected no sooner than April meeting. This stance isn’t fundamentally new, as BoJ has consistently indicated that it requires time to assess Spring’s wage negotiations […]
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