Today’s All Things Forex Broadcast: Are the JPY and CHF Candidates for Intervention?
In the broadcast today: Are the JPY and CHF Candidates for Intervention? In the aftermath of the Bank of Japan’s emergency meeting, we focus on the JPY and CHF and explore the potential for currency market intervention by the Bank of Japan and the Swiss National Bank, we analyze the latest trend developments with the USD/JPY and EUR\/CHF currency pairs, we note the renewed weakness of the EUR against the currency majors and ponder the future of the EUR/USD exchange rate, we take a look at the GBP after the revised U.K. economic growth forecast by the British Chamber of Commerce, we highlight the market’s reaction to the Bank of Japan monetary policy meeting, the Euro-zone Economic Sentiment, and the U.S. Personal Income and Outlays, we discuss new forecasts from Commerzbank and UBS, and prepare for the trading session ahead.
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