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 […]

Tonight’s attention is the Bank of England

At the US FOMC yesterday, the results were as expected by the market. The start of the reduction of quantitative easing was announced, and it was said that it would aim for the end in the middle of next year. At the Powell press conference, little information was available on rate hikes, giving the impression […]