French Politics in Limbo as Barnier Faces No-Confidence Vote – Action Forex
In focus today The no-confidence vote against French PM Michel Barnier is set to take center stage and is scheduled this afternoon at 16:00 CET. As Marine Le Pen’s party …
CHFJPY: Price Outlook Following CPI Data – Action Forex
The Swiss Franc faces challenges as the Swiss National Bank (SNB) is now expected to cut interest rates by 50 basis points after recent inflation data showed continued weakness. In …
Swiss Franc Rises on Inflation Stabilization, Aussie Eyes GDP Data – Action Forex
Swiss Franc strengthened broadly after inflation data for November indicated a modest uptick, stabilizing after months of decline. Although the annual CPI reading missed market expectations, the stabilization reduces immediate …
Swiss CPI Declines in November – Action Forex
The Swiss franc has edged upwards on Tuesday. In the European session, USD/CHF is trading at 0.8846, down 0.21% on the day. Is Switzerland facing deflation? Swiss CPI declined by …
Swiss CPI stabilizes in Nov, but remains subdued at 0.7% yoy – Action Forex
Switzerland’s inflation data for November showed CPI falling -0.1% mom, matching expectations and mirroring October’s pace. Core CPI, which excludes volatile items like fresh and seasonal products, energy, and fuel, …
Barnier Set to Face No-Confidence Vote – Action Forex
In focus today Several key data prints are due for release, led by the US October JOLTs labour turnover, an important measure of labour demand watched closely by the Fed. …
Dollar Strengthens Amid Trump’s Currency Warning and Biden's Last Semiconductor Crackdown on China – Action Forex
Dollar started the week on strong footing, buoyed by a combination of technical factors and geopolitical developments. Technically, the greenback bounced after failing to break through near-term support level against …
Yen Rally Resumes on Tokyo CPI, Swiss GDP and Eurozone Inflation Watched – Action Forex
Yen resumed its broad-based rally during the Asian session, lifted by stronger-than-expected Tokyo inflation data. The accelerated inflation figures have reignited market speculation about another rate hike by BoJ as …
European Equities are Cheap – Action Forex
Last week was marked by an improved sentiment in the US, but not so much in Europe. The US equities had a strong week: the S&P 500 rallied 1.68% over …
Euro Weakens Sharply, Sterling and Swiss Franc Also Under Pressure – Action Forex
Euro stole the limelight last week with a steep selloff triggered by poor activity data. This downturn has intensified the pressing need for the ECB to ease monetary policy swiftly …
Euro and Sterling Under Fire after PMIs, Swiss Franc Reverses Gains – Action Forex
European majors are experiencing significant selling pressure today, with Euro leading the declines. Euro sharply depreciated as traders increased their bets on an aggressive 50 bps rate cut by ECB …