Dollar gains after Fed meeting; sterling fails to gain from trade deal talk

Dollar gains after Fed meeting; sterling fails to gain from trade deal talk
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Dollar gains after Fed meeting; sterling fails to gain from trade deal talk
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Bank of Japan Lifts Interest Rate January 24, 2025 The new 0.5% Bank of Japan interest rate is not only its highest since November 2008 but also matches its highest point since September 1995. This week’s Bank of Japan Board meeting coincided with an updated Outlook for Economic Activity and Prices with new forecasts that…
The USD/JPY price analysis reveals a strong uptrend amid the US-Japan yield differential and rising dollar flows during risk-off market conditions. Carry dynamics favor the USD after risk-off sentiment is triggered by the Venezuelan operation. Markets are now turning their attention to the US jobs and PMI data due this week. The USD/JPY has started…
Hungary’s central bank says euro adoption requires careful preparation Source link
Stocks rallied first on Wednesday afternoon, with the S&P 500 (US500) and Dow Jones (US30) rising to new record highs and the NASDAQ (US100) rising to a 3-week-high. The FOMC’s decision on Wednesday to cut the target range for the federal funds rate by 50 bps and project another 50 bps rate cut before the…
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
EAERA, a provider of next-generation CRM and back-office technology, has integrated Brokeree’s flagship Social Trading platform to improve lifecycle management for brokers and traders. Brokeree said in a press release on Wednesday that the integration introduces new tools that allow brokers to monitor copy trading performance, including leader and follower activity and trading volumes, directly…