US FOMC & Bank of Canada Rate Decision – Priced in or a Surprise?
US FOMC & Bank of Canada Rate Decision – Priced in or a Surprise? Today, the market’s focus is on two major events: the US FOMC and the Bank of Canada (BOC) rate decision. However, since both are largely priced in, unless there is a surprise, the market reaction is expected to be relatively calm. […]
Adjustment-driven timing, ahead of next week’s FOMC
Today, the Nikkei average is experiencing volatile trading, which is typical for SQ (Special Quotation) week. There was a moment when it dropped by 700 yen, marking the largest decline of the year. There is also a partial reversal in yen-selling positions for USD/JPY and cross-yen pairs. However, it doesn’t seem that risk aversion sentiment […]