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 November, Swiss inflation remained flat at -0.1% month-on-month, the same as in October, while the annual rate rose slightly to 0.7%, still below expectations of […]
The post CHFJPY: Price Outlook Following CPI Data appeared first on Action Forex.
Daily Pivots: (S1) 0.8282; (P) 0.8298; (R1) 0.8308; More… Intraday bias in EUR/GBP remains neutral as range trading continues. Further decline is expected with 0.8446 resistance intact. On the downside, decisive break of 0.8259 will Read more…
Markets Yesterday’s shock decision by South Korean president Yoon of the conservative People Power Party to declare martial law spiced up an otherwise uneventful trading session. Yoon backtracked after parliament voted unanimously against. The opposition, Read more…
South Korea briefly stole the light from the French political chaos after President Yoon suddenly imposed the martial law yesterday accusing the opposition party – which holds the majority in the parliament – of paralysing Read more…