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In focus today Today, we expect the SNB to cut policy rates by 25bp to 1.00%, but stress that it is a close call between 25bp and 50bp as inflation has underperformed the SNB’s forecast, the real trade-weighted CHF has appreciated notably, and GDP has been higher than expected. Jordan has previously stated that the […]

The post SNB to Cut Rates by 25bp Today, But It’s a Close Call appeared first on Action Forex.

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21/09/2024

The Weekly Bottom Line: Canada – Inflation Hits the Mark

U.S. Highlights The Federal Reserve started its easing cycle with a bang, reducing the policy rate by 50 basis points (bps), bringing the target range to 4.75%-5.0%. Futures markets are pricing an additional 75 bps of cuts by year-end, slightly more than the updated median FOMC forecast, which shows another 50 bps of cuts. Economic […]
16/08/2024

AUD/USD Climbs as RBA Maintains Firm Stance on Interest Rates

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AUD/USD – Australian Retail Sales Flat, Aussie Shrugs

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