Euro dips following ECB President's remarks on potential growth reduction

Markets are convinced the European Central Bank (ECB) will cut rates once again when they meet on Thursday. Compared to the Federal Reserve, the ECB seems to have it under control when it comes to its monetary policy, with the June rate cut being key in setting the mood amongst European investors. For the past…

GBP/CHF just caught a bounce off a familiar support level, but the real question is how far it can climb before the bears come sniffing around again. We’re zooming into the 4-hour chart to see if the pound’s making a comeback or just catching its breath before heading back down! GBP/CHF 4-hour Forex Chart by…

Daily Pivots: (S1) 1.1286; (P) 1.1324; (R1) 1.1369; More… Intraday bias in EUR/USD is turned neutral first with current retreat. But further rise is expected as long as 1.1216 support holds. Correction from 1.1572 could have completed at 1.1064 already. Above 1.1362 will bring retest of 1.1572 first. Firm break there will resume larger up…

BOJ’s Himino calls for ’holistic approach’ on global monetary system Source link

The USD/JPY pair trades on a flat note near 158.20 during the early Asian session on Wednesday. The pair steadies as US President Donald Trump’s renewed tariff threats offset political uncertainty in Japan. Traders will closely monitor Trump’s speech at the World Economic Forum in Davos, Switzerland, later on Wednesday.  Trump said over the weekend that…