Forex Top Team

Dollar Selling Prevails Post FOMC, While Attention Shifts to Tomorrow’s US Employment Data – Today: Bank of England Interest Rate Announcement”

  This week has seen a series of important events. The Bank of Japan’s decision to remain with Yield Curve Control (YCC) measures during its meeting led to yen depreciation. Yesterday, the dollar saw increased selling following several factors, including the quarterly Treasury bond auction not increasing as much as expected, weaker economic statistics, and […]

USD Bought Following the FOMC, and Today’s Bank of England Monetary Policy Announcement

Following yesterday’s FOMC meeting, the USD has been bought. While the policy interest rate remained unchanged, the interest rate forecasts of FOMC members indicated one more rate hike by the end of the year, and expectations for higher interest rates next year also shifted upwards. Chairman Jerome Powell’s press conference also reflected a hawkish stance. […]

The Fed chairman, ECB governor, and British central bank governor will meet together to see if the dollar’s appreciation will resume.

Today, FRB Chairman Christine Lagarde, ECB President Christine Lagarde, and European Central Bank President Bailey will participate in the ECB Forum debate. The market is likely to react sensitively to the strength of each monetary tightening stance and the degree of confidence in avoiding a recession. Observing the movement of the dollar index, basically an […]