Tag: Financial markets
Swiss National Bank Chair Jordan Prepared to Intervene in FX Market – Forexlive
Thomas Jordan, the Chairman of the Swiss National Bank (SNB), recently discussed the Swiss franc and the bank's potential intervention in the foreign exchange...
GBP/JPY Weekly Forecast: Latest Analysis and Predictions
Last week, GBP/JPY continued its upward trend and reached a high of 206.42. This week, the initial bias suggests further rally. A strong break...
Gold Price Surges to Six-Week High Amid Weak US Labor Market Data
Gold prices surged to a six-week high, reaching $2,385 as traders reacted to the latest US labor market data. Although the June Nonfarm Payrolls...
UK Pound Sterling Strengthens Amid Softening US Wage Growth and UK Labour Majority Hold
The Pound Sterling has shown remarkable strength in the currency market, especially after the recent UK parliamentary elections where Keir Starmer's Labour Party secured...
GBP Reacts to UK Election Result: Analysis by Rabobank
The GBP has remained relatively stable following the UK election results, despite the lack of significant movement. However, the recent decline in the value...
French Elections Round Two, Powell Testimony, and US CPI Preview – Action Forex
Traders are eagerly watching the outcome of the French election, with the far-right National Rally (RN) leading the first round but facing opposition from...
Federal Reserve Seeks Confidence Before Implementing Rate Cuts
The Federal Reserve recently released its Semi-Annual Monetary Policy Report, highlighting that while there has been some progress on inflation this year, they are...
RBNZ Rate Decision: Focus on Kiwi – Action Forex
The New Zealand dollar, also known as the Kiwi, has been struggling in the currency exchange market this year. Despite a slight increase against...
EUR Rate Cut Dissent: ING Analysis and Implications
The recent minutes from the June European Central Bank (ECB) meeting have revealed a disagreement among members regarding the decision to cut rates, according...
Top 10 Holdings and Annual Returns of S&P 500: Spotting Red Flags
In JPMorgan’s (JPM), “Guide to the Market” presentation last Monday, July 1 ’24, Dr. David Kelly, JPMorgan’s Chief Global Strategist, started off the call...