Fed says higher-for-longer (again) and markets shrug - Japan intervenes (again) and markets shrug
Chris Cammack May 2, 2024 01:47 PM
But it does seem like the Bank of Japan has drawn a line in the sand, so JPY bears are cautious
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Chris Cammack is Head of Content at Schlossbrink and is responsible for ensuring our content across all sites meets the exacting standards of quality and clarity that our readers expect; this includes shaping our editorial guidelines to fit the ever-changing world of online Forex trading and ensuring all broker reviews adhere to our strict review process.
Chris joined the company in 2019 after 10 years’ experience in research, editorial and design for political and financial publications. This background has given him a deep knowledge of international financial markets and the geo-politics that affects them. With a keen eye for editing and a voracious appetite for financial and political current affairs, Chris bring a publisher’s sense of precision and accuracy to all the content we produce. Chris has been trading Forex CFDs since 2012 and has a preference for cTrader and ECN brokers; he has found the GBP/USD pair particularly fascinating over the last few years.
Chris Cammack May 2, 2024 01:47 PM
But it does seem like the Bank of Japan has drawn a line in the sand, so JPY bears are cautious
Chris Cammack April 25, 2024 02:12 PM
As long as retail, governmental, and institutional investors remain wary of riskier assets, we can expect gold prices to remain elevated.
Chris Cammack April 18, 2024 02:28 PM
However, with so many central banks expressing concerns over the dollar's strength, many market players seem to be in profit-taking mode, which has seen the DXY stall at 105.97.
Chris Cammack April 11, 2024 12:16 PM
With rhetoric from policymakers in the US now surely more hawkish, there seems to be a generous upside for the USD vs. all major currencies in the coming months.
Chris Cammack March 28, 2024 12:35 PM
The disappointing retail data had an immediate and severe effect on the EUR/USD, with price falling below 1.078 for the first time since 20th February.
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