Swiss Franc Hits 4-month High, GDP Beats Forecast

The BoJ has taken up a much more aggressive strategy and we no longer expect them to wait for all the pieces to fall in place before tightening policies further. We expect the BoJ will hike its policy rate to 1% within the coming 12 months. The rate hike on 31 July was pivotal for […]

NZDUSD hits fresh lows on US tariff threats Technical outlook remains gloomy RBNZ rate decision due on Wednesday at 01:00 GMT NZDUSD plunged to a one-year low of 0.5795 early on Tuesday following Trump’s renewed tariff warnings against Canada, Mexico, and China, but it soon managed to recoup its losses and return above the 0.5800 level. […]

AUDUSD eased from new multi-month high on Tuesday after the Reserve Bank of Australia kept rates unchanged in today’s policy meeting, but comments from Governor Bullock were less hawkish than expected and sidelined expectations for possible policy tightening. The pullback was so far shallow, as Aussie is underpinned by higher commodity prices and diverging Fed/RBA […]